Shinozaki, Tsuyoshi; Tawada, Makoto; Yanagihara, Mitsuyoshi - In: Fulbright review of economics and policy 3 (2023) 2, pp. 128-137
Purpose The aim of this paper is to investigate whether a Nash equilibrium of a two-country trading economy is symmetry-breaking or not. Design/methodology/approach The approach to tackle this topic is a theoretical treatment by the general equilibrium trade theory and game theory. Findings If...