Year: 1993
Type: article
Abstract: This paper analyzes how international side-payments can be used to facilitate international trade negotiations. The authors present a model where many countries trade many goods and they calculate, by use of the Shapley value, international income transfers that will induce nations to eliminate their distortionary trade policies. Copyright 1994 by The London School of Economics and Political Science.
Source: Economica
DOI: 10.2307/2554617
Authors: Carsten Kowalczyk, Tomas Sjostrom
Institutions: Tufts University, Rutgers, The State University of New Jersey
Language: English
Topic: Global trade and economics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1540031995