Export subsidies under dynamic duopoly.
The effects of trade policies under imperfect competition in dynamic contexts are considered. An analysis is provided of an export subsidy game under a dynamic Cournot duopoly by employing a discrete-time Markov equilibrium model of dynamic Cournot duopoly according to Maskin and Tirole (1987). Gi...
| Publicado en: | European Economic Review Vol. 38; pp. 1139 - 1152 |
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| Formato: | Artículo |
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Elsevier Science
May 1994
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=512446857&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 512446857 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00142921 EER jtl: European Economic Review issn: 00142921 maglogo: N pubinfo: dt: May 1994 vid: 38 pid: 1004 pub: Elsevier Science artinfo: ui: 512446857 10.1016/0014-2921(94)90041-8 ppf: 1139 ppct: 13 formats: tig: atl: Export subsidies under dynamic duopoly. aug: au: Tanaka, Yasuhito su: Duopolies Nash equilibrium Export subsidies Mathematical models sug: subj: Duopolies Nash equilibrium Export subsidies Mathematical models ab: The effects of trade policies under imperfect competition in dynamic contexts are considered. An analysis is provided of an export subsidy game under a dynamic Cournot duopoly by employing a discrete-time Markov equilibrium model of dynamic Cournot duopoly according to Maskin and Tirole (1987). Given a linear demand function, it is demonstrated that under a dynamic duopoly, firms are more sensitive to changes in export subsidies, the equilibrium export subsidy in an export subsidy game is smaller, and the output at the subsidy equilibrium is larger than under a static duopoly. With lower subsidy and higher output, the welfare in countries under a dynamic duopoly is greater than that under a static duopoly. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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