Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/148940
Authors: 
Busch, Berthold
Diermeier, Matthias
Goecke, Henry
Hüther, Michael
Year of Publication: 
2016
Series/Report no.: 
IW policy paper 18/2016
Abstract: 
Following the British decision to leave the European Union, the question arises as to how relations should be conducted going forward. The objective of the negotiations between Great Britain and the EU is to ensure which strategy is best - both for the British and the EU. Another important element is what long and short-term advantages can be obtained. Here, the authors will examine these questions from a game theoretical perspective. In any case, it is evident that the EU will benefit the most from an uncompromising approach to the negotiations in the long term, whatever the benefits in the short term.
JEL: 
C72
E65
F13
Document Type: 
Working Paper

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