Presentation is loading. Please wait.

Presentation is loading. Please wait.

Plan for Today: Neoliberal Institutionalism & Concluding Liberalism 1. Complete group activity reporting. 2. Survey neoliberal solutions to the Prisoner’s.

Similar presentations


Presentation on theme: "Plan for Today: Neoliberal Institutionalism & Concluding Liberalism 1. Complete group activity reporting. 2. Survey neoliberal solutions to the Prisoner’s."— Presentation transcript:

1 Plan for Today: Neoliberal Institutionalism & Concluding Liberalism 1. Complete group activity reporting. 2. Survey neoliberal solutions to the Prisoner’s Dilemma. 3. Compare neorealist and neoliberal views on likelihood of cooperation. 4. Evaluate liberalism as theory.

2 Small Group Discussion  Think as a group of 2-3 ideas of modifications to the PD game that might lead to greater cooperation. (5 minutes)  But still keep:  Actors as selfish utility-maximizers.  Players simultaneously deciding, so each can’t know what other will choose.  Payoff values for each possible outcome.  Leader report group proposals to class.

3 Prisoner’s Dilemma Numerical Payoffs (refer to Lipson for more details) Player 1 Player 1 Player 2 CooperateDefect Cooperate 3, 3 1, 4 Defect 4, 1 2, 2

4 Neoliberal Institutionalism  Institutional Modifications to Increase Cooperation (Lipson, Axelrod): 1.Repeated interactions. 1. Critical mass of “nice” players who start by cooperating and use “tit-for-tat” strategy  cooperation. 2. Reputation becomes important.

5 Neoliberal Institutionalism  Institutional Modifications to Increase Cooperation (Lipson, Axelrod): 2.Monitoring. 1. Agency that monitors who cooperates and who defects over time.

6 Neoliberal Institutionalism  Institutional Modifications to Increase Cooperation (Lipson, Axelrod): 3.Number of Players. 1. Fewer players  easier monitoring and punishment.

7 Neoliberalism  Institutional Modifications to Increase Cooperation (Lipson, Axelrod): 4.Interdependent Issues. 1. Cooperation can evolve if players meet repeatedly in varying kinds of issues.

8 Comparing Realists and Neoliberals on Cooperation 1. Focus on different issues.  Neoliberals tend to focus on economic issues.  Realists tend to focus on security issues.

9 PD in a Security World  Likely payoffs entirely different.  “Sucker’s payoff” = steeper loss and more immediate (i.e. battle loss or nuclear annihilation). Player 1 Player 1 Player 2 CooperateDefect Cooperate 3, 3 1, 4 Defect 4, 1 2, 2

10 PD in a Security World  Likely payoffs entirely different.  “Sucker’s payoff” = steeper loss and more immediate (i.e. battle loss or nuclear annihilation). Player 1 Player 1 Player 2 CooperateDefect Cooperate 3, 3 -10, 4 Defect 4, -10 -1, -1

11 Comparing Realists and Neoliberals on Cooperation 2. Relative Gains vs. Absolute Gains.  Neoliberals: states concerned with how much they can gain in absolute terms.  Neorealists: states concerned with how much they gain relative to other states.

12 Comparing Realists and Neoliberals on Cooperation 3. Fungibility of power.  Neorealists must believe economic power easily fungible (convertible) into military power.  Neoliberals must believe economic power not so fungible.

13 Summary: Neoliberal Institutionalism 1. Accepts realists’ assumptions about states-as- actors and their interests. 2. Focuses on opportunities to build regimes or institutions to overcome instances of market failure. 3. PD as illustration of market failure – introduces simple mechanisms for changing game to encourage more cooperation. 4. Disagreements between neorealists and neoliberals on cooperation: areas of focus, absolute vs. relative gains, fungibility of power.

14 Evaluating Liberalism as a Theory 1. Explanatory power: 1.Tells us a lot about how, when, why cooperation emerges. 1. Better in economic issues than security. 2.Loses explanatory efficiency (“parsimony”) by including far more actors. (except neoliberal)

15 Evaluating Liberalism as a Theory 2. Predictive power: 1.Better than realism at predicting institutional change. 2.Liberal interdependence: virtually no predictive power. 1. Too many actors with an infinite number of interests.

16 Evaluating Liberalism as a Theory 3. Intellectual consistency and coherence: 1.Neoliberals: Again, can we assume self-help from anarchy? 2.Other liberalism: Can’t be evaluated easily in terms of logical consistency as logic often not strictly specified.

17 Evaluating Liberalism as a Theory 4. Scope: Good. 1.Liberal interdependence: can say a lot more about more kinds of actors than realism. 1. E.g. How can realists explain international campaign to ban land mines?

18 Evaluating Liberalism as a Theory 5. Self-reflection and engagement with other theories: OK. 1.Neoliberal institutionalism itself came as response to identified weaknesses in liberalism. 2.Liberals have adopted some new constructivist lines of argument.


Download ppt "Plan for Today: Neoliberal Institutionalism & Concluding Liberalism 1. Complete group activity reporting. 2. Survey neoliberal solutions to the Prisoner’s."

Similar presentations


Ads by Google