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Persistent link: https://www.econbiz.de/10005263563
The present paper examines a two-country, noncooperative game in which the choice of trade policies (i.e., tariffs, quota, etc.) is consider ed as part of the overall game strategies. Using a class of constant elasticity offer curves, the author finds that the Nash-equilibrium t rade policies...
Persistent link: https://www.econbiz.de/10005608769
The T. C. Bergstrom, L. E. Blume, and H. R. Varian (1986) model of voluntary contributions to public goods predicts increases in public good provision as the distribution of income becomes more unequal. This model is tested in the laboratory. Group behavior conforms to the model but individual...
Persistent link: https://www.econbiz.de/10005608898