Zhang, Jin; Xue, Licun; Zu, Lei - In: International Journal of Game Theory 42 (2013) 2, pp. 375-398
The paper examines whether bilateral free trade agreements can lead to global free trade. We reconsider the endogenous tariff model introduced by Goyal and Joshi (<CitationRef CitationID="CR9">2006</CitationRef>) who study pairwise stability of free trade networks. We depart from their analysis by adopting the concept of pairwise...</citationref>