Results 21 to 30 of about 22,708 (262)
Strategic Shirking in Bilateral Trade* [PDF]
AbstractIn this paper, I study bilateral trade, where the seller can undertake specific investments before the binary trade transaction takes place. I identify a novel reason for hold‐up and contractual inefficiency in this canonical setting. The investing party can shirk for strategic reasons; that is, exert an effort so low that trade becomes ...
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Efficient mechanisms for bilateral trading [PDF]
We consider bargaining problems between one buyer and one seller for a single object. The seller’s valuation and the buyer’s valuation for the object are assumed to be independent random variables, and each individual’s valuation is unknown to the other.
Roger B. Myerson, Mark A. Satterthwaite
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Interactive Communication in Bilateral Trade
We define a model of interactive communication where two agents with private types can exchange information before a game is played. The model contains Bayesian persuasion as a special case of a one-round communication protocol. We define message complexity corresponding to the minimum number of interactive rounds necessary to achieve the best possible
Jieming Mao +2 more
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Nonparametric Effect of Technological Distance on Iran’s Bilateral Trade and its Trading Partners [PDF]
In recent years, most studies in the field of technology and trade have focused on the critical importance of technological change in explaining international trade patterns.
Sepideh Ohadi Esfahani +2 more
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THE AUTOREGRESIVE DISTRIBUTION LAG MODEL TO APPROACH BILATERAL TRADE OF INDONESIA-CHINA [PDF]
The main objective of this research is to study the chances and obstacles of bilateral trade of China and Indonesia by using the Autoregressive Distribution Lag (ARDL) model approach.
Karno
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We characterise the set of dominant strategy incentive compatible (DSIC), strongly budget balanced (SBB), and ex-post individually rational (IR) mechanisms for the multi-unit bilateral trade setting. In such a setting there is a single buyer and a single seller who holds a finite number k of identical items.
Gerstgrasser, P +4 more
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On PTAs and Bilateral Trade: Is GVC Trade Sensitive to the Breadth of Trade Policy Cooperation? [PDF]
We study the relationship between the scope of trade policy cooperation and bilateral trade flows with a particular focus on global value chain (GVC) trade using data on the core and non-core provisions included in preferential trade agreements (PTAs).
Delera, Michele, Foster-McGregor, Neil
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Fairness Preferences in a Bilateral Trade Experiment [PDF]
Is the willingness to make trades influenced by how the total gains from trade are split between the trading partners? We present results from a bilateral trade game (n = 128) where all participants were price-takers and trading pairs faced one of three exogenously imposed trading prices.
Alice Ciccone +2 more
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BILATERAL TRADE AND FOOD SECURITY [PDF]
We analyze the relationship between food security and trade by computing a bilateral import penetration index (BIPI), which gauges the degree to which a country depends on another or a small set of others for food imports. Food trade maps are then drawn by application of a force-directed algorithm that sorts through computed BIPIs, and maps the nodes ...
DOUGLAS H. BROOKS +2 more
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The Effectiveness of China's Foreign Trade Liberalization
This paper studies the ex-post trade effects of China's multilateral, regional and bilateral trade liberalization using augmented gravity and panel data estimation methods for the period 1995–2016.
Cieślik Andrzej, Tseyang Tenzin
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