Imperfect Competition in International Trade: A Dynamic Game

A noncooperative Nash difference game is defined. Previous attempts to model imperfect competition in the world market for grains are reviewed, and the advantages of using a difference game model are discussed. A simple game involving the U. S., the EEC and Japan is solved and results are summarized.


Issue Date:
1982-08
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/279466
Language:
English
Total Pages:
15




 Record created 2018-10-31, last modified 2020-10-28

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)