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Titlebook: Exchange Rate Management in Interdependent Economies; From Williamsburg to Silke Fabian Book 1993 Springer-Verlag Berlin Heidelberg 1993 Bu

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11#
發(fā)表于 2025-3-23 13:29:48 | 只看該作者
12#
發(fā)表于 2025-3-23 16:51:29 | 只看該作者
Coating and Film-Forming Properties, additional welfare gains (see Cooper’s [1985] thorough exposition of the game-theoretic ideas underlying these results, Fischer’s [1988] extensive survey of the literature as well as Frenkel, Goldstein and Masson’s more empirically oriented discussion of the field).
13#
發(fā)表于 2025-3-23 21:09:08 | 只看該作者
https://doi.org/10.1007/978-1-4613-0451-7ly dominate the cooperative policy. Thus the game provides no incentive compatible mechanism with which any welfare-improving strategies — in particular of course the cooperative ones — may be realized. This is a general problem of international policymaking which may be represented by the simple payoff matrix in Figure 18:
14#
發(fā)表于 2025-3-23 22:15:35 | 只看該作者
15#
發(fā)表于 2025-3-24 04:08:23 | 只看該作者
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發(fā)表于 2025-3-24 09:21:31 | 只看該作者
17#
發(fā)表于 2025-3-24 13:50:15 | 只看該作者
International Central Bank Cooperationconomic policymaking. These external effects may be internalized if optimal cooperative policies are employed. These then allow for the realization of additional welfare gains (see Cooper’s [1985] thorough exposition of the game-theoretic ideas underlying these results, Fischer’s [1988] extensive su
18#
發(fā)表于 2025-3-24 17:34:37 | 只看該作者
The International Prisoner’s Dilemmaion represents a best response to any given intervention policy of the other country. It follows in particular that non-cooperation will at least weakly dominate the cooperative policy. Thus the game provides no incentive compatible mechanism with which any welfare-improving strategies — in particul
19#
發(fā)表于 2025-3-24 21:20:29 | 只看該作者
20#
發(fā)表于 2025-3-24 23:30:47 | 只看該作者
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