In Iraq the historical animosities and centuries-old conflicts among groups and subgroups (Kurds, Sunni, Shia and their subfactions) raise the transaction and bargaining costs of forming a cooperative liberal-democratic settlement, because parties do not trust each other and have violently coerced one another in the past.
causalpending
Speaker
Christopher CoyneEvidence Quote
“the transaction costs the bargaining cost the negotiation costs are much higher than they might otherwise be because the groups that are doing that negotiating don't trust each other”
Created: 6/15/2026, 9:29:02 AM
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