Dynamic game analysis of China-US trade tariffs based on concession game methodd
Based on the concession game method,a dynamic game analysis was conducted on the bilateral tariff issue of China-US trade,and a market model for bilateral tariffs on China-US trade was established.The study shows that under the premise of concession rules,the trading parties can obtain an optimal bid that is not less than the maximum win or loss equal reward without the need for a contract,and can also obtains the payment function of the two countries under concession equilibrium that is better than Nash equilibrium.This result can provide references for tariff adjustments among trading countries.
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