A Game-Theoretic View of International Trade Negotiations: Implications for the Developing Countries

John McMillan

Chapter 2 in Developing Countries and the Global Trading System, 1989, pp 26-44 from Palgrave Macmillan

Abstract: Abstract The chapters in this book propose changing the global trading system, to make it work more in the developing countries’ interests. What would be the consequences for the developing countries of redesigning the global trading system? Before fixing something, one should understand how it works. This chapter uses game theory to try to throw some light on how the global trading system works.

Keywords: Nash Equilibrium; International Trade; Bargaining Power; Trade Policy; Cooperative Game (search for similar items in EconPapers)
Date: 1989
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DOI: 10.1007/978-1-349-20417-5_2

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