Tacit has some bold predictions in his blog regarding General Moeen’s upcoming visit to the US. It looks like not just General Moeen, but also the Army, Navy and Air Chiefs are coming to DC, as is Lt. Gen. Masud. Check them out here and here. We are entering some very interesting times. Time will only tell how things will turn out.
The Holy Roman Empire was neither Holy, nor Roman, nor an Empire. Discuss.
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October 17, 2007 at 8:45 am
Jyoti
We can take the following as axioms.
1. The regime needs a credible exit strategy. No exit strategy is credible as long as the Zia family is a viable political force.
2. There is a strong element in the army that won’t stand for Hasina to be in office when Khaleda or her sons are in jail.
3. Awami League won’t ditch Hasina.
4. An election without AL won’t be credible.
Given these participation and incentive compatibility constraints (I’ve been reading on the Econ Nobel and reminiscing about doing assignments on mechanism design), find the Nash equilibrium.