【Macro Seminar】The Power of Non-Superpowers

  • 研討會日期 : 2024-03-08
  • 時間 : 10:30
  • 主講人 : Professor Tomoo Kikuchi
  • 地點 : Conference Room B110
  • 演講者簡介 : Professor Tomoo Kikuchi received his PhD from Bielefeld University in 2006. He is currently a Professor at Waseda University. His research interests are International Economics, Economic Growth and Development, and Macroeconomics.
  • 演講摘要 : We propose a game-theoretic model to investigate how non-superpowers with heterogenous preferences and endowments shape the superpower competition for a sphere of influence. Two superpowers play a Stackelberg game of providing club goods while non-superpowers form coalitions to join a club in the presence of externalities. The coalition formation, which depends on the characteristics of non-superpowers, influences the behavior of superpowers and thus the club size. In this sense, non-superpowers have a power over superpowers. We study the subgame perfect Nash equilibrium and simulate the game to characterize how the US and China form their clubs depending on other countries.