FREE TRADE AGREEMENTS AS DYNAMIC FARSIGHTED NETWORKS
研究了在多边谈判背景下，自由贸易协定是促进还是阻碍全球自由贸易，发现国家规模不对称时结果不同：两个大国和一个小国时FTA阻碍，两个小国和一个大国时FTA促进。
In the presence of multilateral negotiations, are Free Trade Agreements ( FTAs ) necessary for, or will they prevent, global free trade? I answer this question using a dynamic farsighted model of network formation among asymmetric countries. Ultimately, FTAs prevent global free trade when there are two larger countries and one smaller country but FTAs can be necessary for global free trade when there are two smaller countries and one larger country. The model provides insights into the dynamics of recent real‐world negotiations and recent results in the literature on the empirical determinants of trade agreements.