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In oligopolistic situations content protection can have unexpected effects as it changes the nature of interactions between input suppliers. With a duoply, it does so in a manner that makes the foreign firm wish to match price increases and decreases of the domestic firm. Domestic input...
Persistent link: https://www.econbiz.de/10012477233
In this paper we ask whether a policy of targeted export promotion can raise domestic welfare when several oligopolistic industries all draw on the same scarce factor of production. Our point of departure is one of Cournot duopoly in which a single home firm competes with a single foreign firm...
Persistent link: https://www.econbiz.de/10012477753
In this paper we provide an integrative treatment of the welfare effects of trade and industrial policy under oligopoly …
Persistent link: https://www.econbiz.de/10012477861
quota is quite restrictive. When there is a foreign duopoly or oligopoly and domestic competition it is shown that such … sales of licenses does not raise revenues unless they are quite restrictive. An oligopoly example is explored to study the …
Persistent link: https://www.econbiz.de/10012476338
In most of the literature on auctions the valuations of agents are exogenously specified. This assumption may be inappropriate in a number of cases where valuations are better derived endogenously. Endogenous valuations are appropriate when there are many units being auctioned and their value is...
Persistent link: https://www.econbiz.de/10012475544