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The recent proliferation of free trade agreements (FTAs) has resulted in an increasingly complex network of preferential trading relationships. The economics literature has generally examined the formation of FTAs as a function of the participating countries' economic characteristics alone. In...
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The recent proliferation of free trade agreements (FTAs) has resulted in an in- creasingly complex network of preferential trading relationships. The economics literature has generally examined the formation of FTAs as a function of the par- ticipating countries' economic characteristics alone....
Persistent link: https://www.econbiz.de/10008641981
We consider bidders who are simultaneously participating in private value second-price sealed bid auctions in multiple markets. While active in each market, each bidder is associated with a unique home market in which it can potentially serve as a ring center. Pairs of bidders can establish...
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In an oligopoly, prior to competing in the market, firms have an opportunity to form pair-wisecollaborative links with other firms. These pair-wise links involve a commitment of resources andlead to lower costs of production of the collaborating firms. The collection of pair-wise linksdefines a...
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