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Geoeconomics

‘Geoeconomics’ makes sense of a turbulent world

Stealing, Action Sets, and Joint Threats. Notes: Panels focus on a firm in sector i with suppliers in sectors j and k. The action sets, and related incentive constraints are from the perspective of firm I under different configurations. Panel (a) illustrates the case in which suppliers in sectors j and k have individual triggers only. Panel (b) illustrates the case in which suppliers in sectors j and k have a joint trigger, that is a joint threat.…