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- W2536257603 abstract "This chapter investigates how mode of competition affects the feasibility of multilateral free trade (MFT) through formation of a bilateral free trade agreement (FTA) by comparing Stackelberg competition with Cournot competition in a three-country model with asymmetric markets. Our main conclusion is as follows: As compared with Cournot competition, Stackelberg competition lowers the feasibility of a bilateral FTA as well as the attainability of MFT." @default.
- W2536257603 created "2016-10-28" @default.
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- W2536257603 date "2016-01-01" @default.
- W2536257603 modified "2023-09-27" @default.
- W2536257603 title "The Feasibility of Multilateral Free Trade and Mode of Competition: Stackelberg Versus Cournot Competitions" @default.
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- W2536257603 doi "https://doi.org/10.1007/978-4-431-55621-3_2" @default.
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