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Trade credit financing for supply chain coordination under financial challenges: a multi-leader–follower game approach
This study is designed to solve supply chain inefficiencies caused by some members' financial problems, such as capital shortages and financing...
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Green subsidies as strategic trade policy tools
In a third-country market model in which two export countries adopt environmental policies (taxes and subsidies), this article analyses how an...
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Formation of climate coalitions and preferential free trade: the case for participation linkage
We study the endogenous formation of climate coalitions linked to a preferential free trade arrangement. In a multi-stage, micro founded strategic...
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Subjective game structures: eliciting alternatives and payoffs to study the properties of social interactions
The present study transforms subjective conflict perceptions into formally defined games, tests the reliability of the transformation, and explores...
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The co-determination decision game with consumption externalities
This work aims to investigate the effects of co-determination in a game-theoretic setting by considering network externalities in consumption. The...
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Bilateral trade with loss-averse agents
We introduce expectations-based loss aversion, which can explain the empirically well-documented endowment and attachment effect, into the classical...
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Trade Diversion and Creation Effect of Free Trade Agreements in ASEAN: Do Institutions Matter?
There has been a proliferation of free trade agreements (FTAs) over the last three decades and the Association of Southeast Asian Nations (ASEAN) has...
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Constrained-optimal tradewise-stable outcomes in the one-sided assignment game: a solution concept weaker than the core
In the one-sided assignment game, any two agents can form a trade; they can decide to form a partnership and agree on how to share the surplus...
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Educational Game on Cryptocurrency Investment: Using Microeconomic Decision-Making to Understand Macroeconomics Principles
Gamification is an effective strategy for motivating and engaging users, which is grounded in business, marketing, and management by designing games...
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Attractive target for tax avoidance: trade liberalization and entry mode
Growing foreign direct investments (FDIs) have been observed in parallel to the development of tax avoidance by multinational enterprises; however,...
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Pollution Abatement and Lobbying in a Cournot Game: An Agent-Based Modelling Approach
The application of Agent-Based Modelling to Game Theory allows us to benefit from the strengths of both approaches, and to enrich the study of games...
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A note on the risk dominance of the Nash demand game
The Nash bargaining solution (Nash in Econometrica 18(2):155–162, 1950) is the most used game theory tool for analyzing bargaining problems. Its...
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Compulsory license threats in a signaling game of drug procurement
This paper presents a signaling game to formalize the interaction between a develo** country and a pharmaceutical firm negotiating the supply of an...
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Integrated Price-Trade Equilibrium by World Factor Endowments
Much literature demonstrated the existence of general trade equilibrium in the Heckscher-Ohlin model, but no analytical solution has been reported...
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Cooperative Game Theory
This chapter provides an introduction to cooperative game theory, which complements noncooperative game theory (Chapter 2). Both of these fields... -
Sovereign Default and International Trade
Evidence suggests that sovereign defaults disrupt international trade. As a consequence, countries that are more open have more to lose from a...
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The game of lies by stock investors in social media: a study based on city lockdowns in China
The potential hypotheses for finance research based on social media sentiment revolve around the reliability of investor sentiment expressed on...
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Altruistic behavior and international environmental agreements: a differential game approach
In the last three decades International Environmental Agreements (IEAs) have been widely analyzed. Classic models predict that only coalitions formed...
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Trade and Institutional Inertia
The importance of institutions and their relationship with macroeconomic variables has attracted the attention of many researchers. The existing... -
The Future of Global Value Chains and International Trade: An EU Perspective
The Great Recession, Brexit, the trade war between China and the USA, the pandemic crisis, and the regional wars (Russia-Ukraine and the Middle East)...