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Compatibility Standards and Strategic Trade Policy
Walz, Uwe; Woeckener, Bernd - C.E.P.R. Discussion Papers - 2003
We analyse the compatibility decisions of two national firms producing horizontally differentiated variants of a good that exhibits network effects for the world market. One of the firms is able to endogenously establish an installed base in its domestic market. The firm's effort in that respect...
Persistent link: https://www.econbiz.de/10005791513
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Trade Effects of Minimum Quality Standards with and without Deterred Entry
Lutz, Stefan - C.E.P.R. Discussion Papers - 1996
In a model of vertical product differentiation, duopolistic firms face quality-dependent costs and compete on quality and price in two segmented markets. Minimum quality standards, set uniformly or according to the principle of mutual recognition, can be used to increase welfare. The analysis...
Persistent link: https://www.econbiz.de/10005124268
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Vertical Product Differentiation, Quality Standards, and International Trade Policy
Lutz, Stefan - C.E.P.R. Discussion Papers - 1996
This paper studies the influence of minimum quality standards in a partial-equilibrium model of vertical product differentiation and trade in which duopolistic firms face quality-dependent costs and compete on quality and price in two segmented markets. Three alternative standard setting...
Persistent link: https://www.econbiz.de/10005136537
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Does Mutual Recognition of National Minimum Quality Standards Support Regional Convergence?
Lutz, Stefan - C.E.P.R. Discussion Papers - 1996
In a model of vertical product differentiation, duopolistic firms face quality-dependent costs and compete on quality and price in two segmented markets. Minimum quality standards, set according to the principle of Mutual Recognition, can be used to increase welfare. The results of the one-shot...
Persistent link: https://www.econbiz.de/10005136654
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Minimum Quality Standards as Facilitating Devices: An Example with Leapfrogging and Exit
Lutz, Stefan - C.E.P.R. Discussion Papers - 1996
The recent extensive study of vertical product differentiation models has allowed for the analysis of international trade issues in the presence of country asymmetries in terms of product qualities, technology, costs, market size, and income. In the presence of such asymmetries, national...
Persistent link: https://www.econbiz.de/10005791553
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International Leapfrogging and Subsidies
Lutz, Stefan - C.E.P.R. Discussion Papers - 1997
The recent extensive study of vertical product differentiation models has allowed for the analysis of international trade issues in the presence of country asymmetries in terms of product qualities, technology, costs, market size and income. In the presence of such asymmetries, national...
Persistent link: https://www.econbiz.de/10005791757
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Weddings with Uncertain Prospects - Mergers under Asymmetric Information
Borek, Thomas; Bühler, Stefan; Schmutzler, Armin - C.E.P.R. Discussion Papers - 2003
equilibria of merger games with simultaneous and sequential moves. The application of our framework to specific oligopoly models …
Persistent link: https://www.econbiz.de/10005788984
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Multilateral Subsidy Games
Leahy, Dermot; Neary, J Peter - C.E.P.R. Discussion Papers - 2007
This paper examines the rationale for multilateral agreements to limit investment subsidies. The welfare ranking of symmetric multilateral subsidy games is shown to depend on whether or not investment levels are "friendly", raising rival profits in total, and/or strategic complements, raising...
Persistent link: https://www.econbiz.de/10005662067
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Oligopoly and Trade
Leahy, Dermot; Neary, J Peter - C.E.P.R. Discussion Papers - 2010
In this chapter we present a selective analytic survey of some of the main results of trade under oligopoly. We … concentrate on three topics: oligopoly as an independent determinant of trade, as illustrated by the reciprocal-markets model of … Brander (1981); oligopoly as an independent rationale for government intervention, as illustrated by strategic trade and …
Persistent link: https://www.econbiz.de/10008784709
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International R&D Rivalry and Industrial Strategy without Government Commitment
Leahy, Dermot; Neary, J Peter - C.E.P.R. Discussion Papers - 1995
We examine optimal industrial and trade policies in a series of dynamic oligopoly games in which a home and a foreign …
Persistent link: https://www.econbiz.de/10005666646