Bringing GATT into the Core.

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.

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Year of publication:	1994
Authors:	Kowalczyk, Carsten ; Sjostrom, Tomas
Published in:	Economica. - London School of Economics (LSE). - Vol. 61.1994, 243, p. 301-17
Publisher:	London School of Economics (LSE)

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005284390