Saggi, Kamal; Woodland, Alan; Yildiz, Halis Murat - Vanderbilt University Department of Economics - 2011
This paper analyzes a game of trade policy (called Bilateralism) between three countries in which each country chooses whether to liberalize trade preferentially in the form of a Customs Union (CU), multilaterally, or not at all. We also analyze a restricted version of this game (called...