Introducing product compatibility associated with network externalities (hereafter, network compatibility effects) into a horizontally differentiated duopoly model, we consider how network compatibility effects and the level of product substitutability affect endogenous timing decisions in the...

This paper views the modern world economy to be constructed with democratic countries that implement trade policies as an income distribution policy, World Trade Organization that intends to improve world welfare by prohibiting export subsidies but allowing import and export tariffs, and...

Using the Hamilton–Slutsky extended endogenous timing game of observable delay framework, we analyze the endogenous timing of tariff policy in the presence of a time lag between production and trade decisions. We particularly focus on the strategic relationships between the government of the...