Dynamic Economic Game Theory and Asian Free Trade Agreements
AbstractThe purpose of this paper is to use fairly standard game theory elements and apply them to free trade agreements (FTA) made within ASEAN countries and between ASEAN countries and outside countries and the rest of the world (ROW). The applications use some mathematics, but it is not my intent to burden unnecessarily the reader with the mathematics. My intent is to make the applications appeal to the practitioners who are directly or at least indirectly engaged in the process of making FTA’s and who are interested in a theoretical basis for FTA’s. The intent then could be described as being largely pedagogical. The main contribution of the paper is to show the structure and behavior of the backward solution method used in dynamic game theory.
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Bibliographic InfoPaper provided by University of Utah, Department of Economics in its series Working Paper Series, Department of Economics, University of Utah with number 2008_18.
Length: 18 pages
Date of creation: 2008
Date of revision:
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More information through EDIRC
Free Trade Agreements; ASEAN; Backward solution method;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-10-28 (All new papers)
- NEP-GTH-2008-10-28 (Game Theory)
- NEP-HPE-2008-10-28 (History & Philosophy of Economics)
- NEP-SEA-2008-10-28 (South East Asia)
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.:
- Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
- Fithra Faisal Hastiadi, 2012. "China-Japan-Korea (CJK)'s FTA Strategy towards ASEAN Countries: A Game Theoretical Approach," Working Papers in Economics and Business 201210, Faculty of Economics, University of Indonesia, revised Oct 2012.
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