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Accredited SSCI SCOPUS
The Impact of Incomplete Information under Bilateral and Multilateral Trade Policy Coordination
( Young Han Kim )
UCI I410-ECN-0102-2009-320-002882723

This paper examines the influences of informational distortion in bilateral and multilateral international trade policy coordination, and determines the optimal strategy under incomplete information. When a country owns private information about the indirect government intervention and other technical factors of its own firm, multilateral policy coordination mode is welfare dominant to the bilateral mode for a country under informational disadvantage. The world welfare is also improved with the adoption of multilateral coordination model from the initial stage of negotiation compared to bilateral one under incomplete information.

[자료제공 : 네이버학술정보]
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