Title: The Price of a Visit: Quid Pro Quo Diplomacy
Authors: Matt Malis, Alastair Smith
Abstract: We present a model in which a foreign leader F decides whether or not to visit leader L in exchange for concessions. Visits are costly and concessions often need implementation that requires L to survive in office. F receives a noisy signal of L's regime strength-- L's ability to withstand a political challenge. F visits leaders he anticipates will survive. Hence, visits serve as signals of regime strength that deters challenges against L. The size of concessions and likelihood and impact of visits depend upon the transparency of negotiations and whether L or F have proposal power.