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On input market surplus and its relation to the downstream market game
Basso, Leonardo J. - In: The Canadian journal of economics 46 (2013) 1, pp. 266-281
Persistent link: https://www.econbiz.de/10009729744
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On Input Markets Surplus and its Relation to the Downstream Market Game
Basso, Leonardo J. - 2007
To analyze welfare effects of input markets changes, economists studied the relationship between the surplus measured in the input markets and the surplus in the output markets. The latest results hinge on simplifying assumptions, which are relaxed here by linking the input markets surplus...
Persistent link: https://www.econbiz.de/10012730984
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Nash's Inefficient Bargaining Theory
Choi, Hak - 2015
This paper proves that Nash's exchange theory leads to inefficiency. Instead of coming to a vertex, the exchange leads … to polarization. This paper questions Nash's method of exchange and suspects that his theory is not about bargaining …
Persistent link: https://www.econbiz.de/10013016092
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Nash's Unfair Bargaining Theory
Choi, Hak - 2015
Nash (1950) proposes a bargaining theory. This paper proves that Nash's theory leads to unfair result. The reason for …
Persistent link: https://www.econbiz.de/10013016095
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Some Mistakes in the Rubinstein Bargaining Model
Choi, Hak - 2009
complete exhaustion of the resource, it contains two pies. The Cournot competition model, the underlying theory of the …
Persistent link: https://www.econbiz.de/10014199714
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Trade Liberalization as a Game of Decision Under Uncertainty
Wan, Henry; Zhou, Yinggang - 2007
It is known that in a two-country, two-good world, the Nash equilibrium of a 'tariff war' of Harry Johnson (1953-4) tends to fail Pareto Optimality. With a demonstration by example, this note shows that it is possible that the attempt for trade liberalization through the removal of tariffs may...
Persistent link: https://www.econbiz.de/10014058325
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The Correlation between Game Theory and International Trade
ALEXA, Ioana-Veronica; TOMA, Simona-Valeria - In: Economics and Applied Informatics (2012) 2, pp. 67-74
Game theory, in its most basic form, considers two or more players and analyses the different strategies that they can … theory in international trade we could determine if the Heckscher-Ohlin-Samuelson model is correct and what would be the best … specialization for each country. The aim of this paper is to test if game theory could be successfully used in a thorough analysis of …
Persistent link: https://www.econbiz.de/10010625545
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Why are Africa's Female Entrepreneurs Not Playing the Export Game? Evidence from Ghana
Ackah, Charles; Görg, Holger; Hanley, Aoife; Hornok, … - 2021
We explore the export performance of Africa's underperforming female entrepreneurs, using the Ghanaian ISSER-IGC panel, a comprehensive dataset of manufacturing firms for 2011–2015. Uniquely, the data provides information about the severity of key business constraints, across both male and...
Persistent link: https://www.econbiz.de/10013315224
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Trade, Industrial Structure, and Brand
Chen, Y.-H. Henry - 2018
IIn the past few decades, many Taiwanese firms have served as subcontractors to the United States and Japanese branding firms. For example, in 2007, Taiwanese firms accounted for 90% of the world’s laptop output. However, over 90% of this output was under the foreign outsourcing firms’...
Persistent link: https://www.econbiz.de/10014213312
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Brothers in arms : the value of coalitions in sanctions regimes
Chowdhry, Sonali; Hinz, Julian; Kamin, Katrin; Wanner, … - 2022
This paper examines the impact of coalitions on the economic costs of the 2012 Iran and 2014 Russia sanctions. By estimating and simulating a quantitative general equilibrium trade model under different coalition set-ups, we (i) dissect welfare losses for sanction-senders and target; (ii)...
Persistent link: https://www.econbiz.de/10013415787