Second-best trade policies in Cournot oligopoly
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چکیده
منابع مشابه
Second Best Trade Policies in Cournot Oligopoly
In this paper we study the optimal import policy in an oligopolistic market with a given number of quantity-setting firms. In the absence of fixed costs, we show that if the policy instrument is an import quota, the optimal policy is either free trade or autarky, while if the instrument is a tariff the optimal policy is neither free trade nor autarky. In the case of fixed costs, we show that co...
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-----------------------------We model an oligopolistic industry where a number of firms that are asymmetrically informed about the environment compete via quantities, and we study how the information available to a firm affects its equilibrium profits. Indeed we find that if all firms have access to the same constant returns to scale technology, in any Bayesian equilibrium the information advan...
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ژورنال
عنوان ژورنال: Spanish Economic Review
سال: 2001
ISSN: 1435-5469
DOI: 10.1007/pl00013589