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Bargaining with a Composite Player: An Application to the Uruguay Round of GATT Negotiations

Author

Listed:
  • Basevi, Giorgio
  • Delbono, Flavio
  • Mariotti, Marco

Abstract

The paper analyses a situation in which negotiations take place between a party consisting of a single decision-maker and a party consisting of a group of two decision-makers. The latter, in setting its proposal to the opponent party, may act cooperatively or non-cooperatively within itself. The model seems to be applicable to many cases such as wage negotiations with a group of different workers' unions, disarmament negotiations with a group of allied countries, etc. In the paper, however, the model is directly applied to the case of the Uruguay Round of GATT negotiations. In this case the authors' conjecture is that much of the difficulty currently experienced in reaching an agreement stems from the often non-cooperative nature of the preliminary agreement within the European Community required before it can arrive at a definite proposal for negotiation with other countries.

Suggested Citation

  • Basevi, Giorgio & Delbono, Flavio & Mariotti, Marco, 1992. "Bargaining with a Composite Player: An Application to the Uruguay Round of GATT Negotiations," CEPR Discussion Papers 685, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:685
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    Citations

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    Cited by:

    1. Winters, L. Alan, 2000. "Regionalism and Multilateralism in the Twenty-First Century," IDB Publications (Working Papers) 2188, Inter-American Development Bank.
    2. L. Alan Winters, 2000. "Regionalism and Multilateralism in the Twenty-First Century," IDB Publications (Working Papers) 8749, Inter-American Development Bank.
    3. Vanzetti, David, 1996. "The next round: Game theory and public choice perspectives," Food Policy, Elsevier, vol. 21(4-5), pages 461-477.

    More about this item

    Keywords

    Bargaining; GATT Negotiations;

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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