A DIFFERENTIAL GAME IN INTERNATIONAL TRADE.

Abstract

A problem in International Trade is cast as a differential game. It is shown that, under conditions, the game has a unique Nash equilibrium which is also Pareto optimal and 'momentarily stable' in the sense that no nation is forced into bankruptcy. (Author)

Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1969
Accession Number
AD0695515

Entities

People

  • J. Case

Organizations

  • University of Wisconsin–Madison

Tags

DTIC Thesaurus Topics

  • Bankruptcy
  • Business Administration
  • Chemical Reaction Properties
  • Commerce
  • International Trade

Fields of Study

  • Economics

Readers

  • Combustion Dynamics and Shock Wave Physics.
  • East Asian Political and Security Studies within the Soviet Union
  • Game Theory.