Bond, Eric W.; Ching, Stephen; Lai, Edwin L.-C. - In: Pacific Economic Review 8 (2003) 2, pp. 117-125
This paper studies the determination of split of total surplus among the negotiating parties (member countries and the acceding country) in a WTO accession negotiation using a sequential bargaining model. In particular, we are interested in the effect of the most-favored-nation (MFN) principle...