In the Jones–Kierzkowski world of fragmented production, we address a strategic trade issue for development: how to industrialize under the WTO regime. One solution is to generate cross-border externalities, such as becoming the hub of a network of countries, so as to attract foreign...

This chapter discusses the differential games economic applications. Much of the application of N-person, general-sum differential games is in economics, where observed regularities are rarely invariant as in natural sciences. Thus, expenditure patterns in America offer little insights upon the...