ABSTRACT We disentangle a model leading to internal market succes if implemented in a bi-lateral cartel environment in each regional trade brace (RTB).

ABSTRACT

We disentangle a model leading to internal market succes if implemented in a bi-lateral cartel environment in each regional trade brace (RTB). Response sets are based forward EU and ASEAN RTB member demand and take away from functions in a game theoretic mould Constrained profit maximizing objectives are assumed. sum of two units parametric sets-demand and cost conditions of EU and ASEAN RTB members and the same for the cartel-provide the ranges of the bargaining agreement for RTB internal market issues. the two are constrained by precedents risk in the cartel parameters: cartel joint demand, preciousness profit maximizing price and output

INTRODUCTION