TY - JOUR
T1 - Delays in multilateral trade negotiations
T2 - An experimental study
AU - Sung, Hankyoung
PY - 2012/1
Y1 - 2012/1
N2 - This paper aims to derive policy implications for real trade negotiations from experiments on multilateral legislative bargaining games. The experiment results reveal that the existence of a strong player with veto power could delay the games. Considering the similarity between the games with the veto player and multilateral trade negotiations such as the Doha Development Agenda (DDA), this paper argues that strong countries such as the G-4 (the United States, the European Community, Brazil, and India) may cause delays in the negotiations. Based on experimental findings, this paper suggests group negotiations as a policy option for the DDA.
AB - This paper aims to derive policy implications for real trade negotiations from experiments on multilateral legislative bargaining games. The experiment results reveal that the existence of a strong player with veto power could delay the games. Considering the similarity between the games with the veto player and multilateral trade negotiations such as the Doha Development Agenda (DDA), this paper argues that strong countries such as the G-4 (the United States, the European Community, Brazil, and India) may cause delays in the negotiations. Based on experimental findings, this paper suggests group negotiations as a policy option for the DDA.
UR - http://www.scopus.com/inward/record.url?scp=84858216933&partnerID=8YFLogxK
U2 - 10.1162/ASEP_a_00131
DO - 10.1162/ASEP_a_00131
M3 - Article
AN - SCOPUS:84858216933
SN - 1535-3516
VL - 11
SP - 160
EP - 176
JO - Asian Economic Papers
JF - Asian Economic Papers
IS - 1
ER -