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The Conundrum of US-China Trade Relations Through Game Theory Modelling

Journal of Applied Business and Economics

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Field Value
 
Title The Conundrum of US-China Trade Relations Through Game Theory Modelling
 
Creator Yin, Jason Z.
Hamilton, Michael H.
 
Description The United States and China are the two largest economies in the world. However, multi-dimensional disputes put the U.S. and China onto the brink of trade war. To solve this difficult conundrum, each side seeks to profoundly change the adversary’s strategic calculus at little cost and with little risk. The Trump Administration has revived protectionism to U.S. trade policy placing great uncertainty on US-China trade relations. This paper uses game theory to model and illustrate the possible actions and outcomes in the trade conduct between the U.S. and China for the implementation of border tariffs and sector targeted protectionism.
 
Publisher North American Business Press
 
Date 2018-12-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://articlegateway.com/index.php/JABE/article/view/217
10.33423/jabe.v20i8.217
 
Source Journal of Applied Business and Economics; Vol 20 No 8 (2018)
1499-691X
10.33423/jabe.v20i8
 
Language eng
 
Relation https://articlegateway.com/index.php/JABE/article/view/217/187
 
Rights Copyright (c) 2018 Journal of Applied Business and Economics