The note focuses on the marginal rates of substitution (MRS) in Nash’s product formula solution to bargaining and why the formula works. Two simple examples from duopoly and bilateral monopoly are used to demonstrate that the MRS’s for both players are implicitly in the contract curve and...

A switching regression approach is used to analyse the market equity value of firms in the three South East Asia countries with a comparison to Japan. Two regimes are used to optimally sort the firms in a given country based on a switching function using profit rate (net income to book equity)...

The 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...