The paper examines whether bilateral free trade agreements can lead to global free trade. We reconsider the endogenous tariff model introduced by Goyal and Joshi (<CitationRef CitationID="CR9">2006</CitationRef>) who study pairwise stability of free trade networks. We depart from their analysis by adopting the concept of pairwise...</citationref>

This paper defines "negotiation-proof Nash equilibrium'', a notion that applies to environments where players can negotiate openly and directly prior to the play of a noncooperative game. It recognizes the possibility that a group of self-interested players may choose, voluntarily and without...

This paper applies the framework of endogenous timing in games to mixed quantity duopoly, wherein a private—domestic or foreign—firm competes with a public, welfare-maximizing firm. A central goal of the paper is to present a unified and general treatment of the basic question of what...