Advanced Search
MyIDEAS: Login

Farsighted Stable Sets of Tariff Games

Contents:

Author Info

  • Ryo Kawasaki
  • Takashi Sato
  • Shigeo Muto
Registered author(s):

    Abstract

    This article analyzes the tariff negotiation game between two countries when the countries are sufficiently farsighted. It extends the research of Nakanishi (2000) and Oladi (2005) for the tariff retaliation game in which countries take into account subsequence retaliations that may occur after their own retaliation. We show that when countries are sufficiently farsighted, all farsighted stable sets of the tariff game are singletons, which are Pareto efficient and strictly individually rational tariff profiles. These results hold regardless of whether coalitional deviations are allowed or not.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://hdl.handle.net/10097/55410
    Download Restriction: no

    File URL: http://ir.library.tohoku.ac.jp/re/bitstream/10097/55410/1/terg281.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Graduate School of Economics and Management, Tohoku University in its series TERG Discussion Papers with number 281.

    as in new window
    Length: 18 pages
    Date of creation: Apr 2012
    Date of revision:
    Handle: RePEc:toh:tergaa:281

    Contact details of provider:
    Postal: Kawauchi, Aoba-ku, Sendai 980-8476
    Email:
    Web page: http://www.econ.tohoku.ac.jp/econ/english/index.html
    More information through EDIRC

    Related research

    Keywords:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Reza Oladi, 2005. "Stable Tariffs and Retaliations," Review of International Economics, Wiley Blackwell, vol. 13(2), pages 205-215, 05.
    2. Shino, Junnosuke & Kawasaki, Ryo, 2012. "Farsighted stable sets in Hotelling’s location games," Mathematical Social Sciences, Elsevier, vol. 63(1), pages 23-30.
    3. Akihiro Suzuki & Shigeo Muto, 2005. "Farsighted Stability in an n-Person Prisoner’s Dilemma," International Journal of Game Theory, Springer, vol. 33(3), pages 431-445, 09.
    4. Noritsugu Nakanishi, 2009. "Noncooperative farsighted stable set in an n-player prisoners’ dilemma," International Journal of Game Theory, Springer, vol. 38(2), pages 249-261, June.
    5. Tower, Edward, 1975. "The Optimum Quota and Retaliation," Review of Economic Studies, Wiley Blackwell, vol. 42(4), pages 623-30, October.
    6. Nakanishi, Noritsugu, 1999. "Reexamination of the International Export Quota Game through the Theory of Social Situations," Games and Economic Behavior, Elsevier, vol. 27(1), pages 132-152, April.
    7. Masuda, Takeshi, 2002. "Farsighted stability in average return games," Mathematical Social Sciences, Elsevier, vol. 44(2), pages 169-181, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:toh:tergaa:281. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tohoku University Library).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.