How to Evaluate the Creation of an Economic Joint Venture Through the Application of the Box Negotiation Diagram

FEA Working Paper No. 2009-23

8 Pages Posted: 17 Mar 2009 Last revised: 5 Jan 2010

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Date Written: March 17, 2009

Abstract

The final objective of any economic negotiation among two players is the creation of an economic joint venture such as a free trade agreement (FTA) or the merge of firms. The success of any economic joint venture depends on the effort to work hard to improve or sacrifice welfare until both players can find the perfect balance point for a suitable economic joint venture. Initially, we assume that different players agree to start some talks with common issues until arrive to the final economic joint venture. Nevertheless, the initial division between players is real, and the border between the two player remains among the most tightly sealed and heavily interests to win into the negotiation among two players.

Keywords: Econographicology, Multi-dimensional graphs, Cartesian Spaces

JEL Classification: B40

Suggested Citation

Ruiz Estrada, Mario Arturo, How to Evaluate the Creation of an Economic Joint Venture Through the Application of the Box Negotiation Diagram (March 17, 2009). FEA Working Paper No. 2009-23. Available at SSRN: https://ssrn.com/abstract=1361449 or http://dx.doi.org/10.2139/ssrn.1361449

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

Register to save articles to
your library

Register

Paper statistics

Downloads
103
Abstract Views
424
rank
256,558
PlumX Metrics