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A Game-Theoretic Model of Competing Superpowers


Time: 10:00 am-11:30 am, Sept. 16th, 2022

Platform: Zoom

Speaker: Tomoo Kikuchi

(Waseda University)

Link: https://us06web.zoom.us/j/81626164288?pwd=Zmp1VG41dXF0by9UZTBRVkxSbjJWZz09

Meeting ID: 816 2616 4288

Passcode: inse



Motivated by the US-China competition we build a model where a status quo power and an emerging power play a Stackelberg game of providing a club good at a location. The cost of producing the club good depends on how many small countries are willing to join the club. By integrating non-cooperative and cooperative games into a unified framework where two groups of heterogenous players have interrelated objectives we study how the influence of the superpowers changes world order. We simulate the game to show how the US and China have shaped world order from 2006 to 2019.





Professor Tomoo Kikuchi is Associate Professor at the Graduate School of Asia-Pacific Studies, Waseda University and Adjunct Senior Fellow at the S. Rajaratnam School of International Studies (RSIS), Nanyang Technological University. Previously, he worked at the National University of Singapore, Nanyang Technological University, and Korea University and held visiting positions at the MIT Sloan School of Management and the Keio University Global Research Institute. He grew up in Germany and Japan and studied at universities in Japan, Germany and the UK. He is interested in how the global financial market influences economic development of countries and has published papers on the topic in journals such as the Journal of Economic Theory. He has edited many books and journal special issues on trade, finance, and investment in Asia and is Associate Editor of the Journal of Asian Economics and Malaysian Journal of Economics. He frequently writes for newspapers such as the Straits Times and Nikkei Asia. He obtained his PhD in economics from Bielefeld University in Germany in 2006.