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Noncooperative network-formation games in oligopolies analyze optimal connection structures that emerge when linking …
Persistent link: https://www.econbiz.de/10005134494
This paper studies steady-state, Markov-Perfect strategic trade policy when (infinitely lived) governments are committed to trade policy during two periods. We compare the case in which both governments choose their export subsidies in the same periods (synchronization) versus the case in which...
Persistent link: https://www.econbiz.de/10005556420
either chooses a R&D (and output) subsidy, or remains inactive. For a domestic duopoly a government taxes, subsidizes, or …
Persistent link: https://www.econbiz.de/10005556503
In this paper we discuss the incentives of a welfare maximizing government to implement strategic trade policy when there is, on the one hand, uncertainty about the relevant market information (like the type of competition, demand function, cost function, etc.), but, on the other hand, the...
Persistent link: https://www.econbiz.de/10005134502
"committed" government. Moreover, when the domestic government is allowed to use an R&D subsidy, that may or may not be …
Persistent link: https://www.econbiz.de/10005134527
technology before market competition. Governments first impose an export subsidy or a tax. After observing export policy, firms …
Persistent link: https://www.econbiz.de/10005062617
Although the GATT prohibits discriminatory import tariffs, it includes means for circumventing this prohibition. The previous literature uses static models and discriminatory tariffs increase welfare. In a dynamic model, if governments lack the ability to precommit, this is not necessarily true....
Persistent link: https://www.econbiz.de/10005062636
logically interconnected propositions. I investigate decision problems, in which the agenda is a network, composed of atomic … in standard propositional logic. By extending the logic, I prove that, for any network, decision rules satisfying the …
Persistent link: https://www.econbiz.de/10005556978
The present paper analyzes a network formation problem, mainly based on the framework presented in Bala and Goyal (2000 … the sum of the number of edges it includes. We obtain as a result that the only Nash structure is the circle network … same time it minimizes the costs of network formation. …
Persistent link: https://www.econbiz.de/10005561825
spreads in different networks in which agents interact by word of mouth. We define a regular network, a randomly generated … network and a small world network structured as graphs consisting of agents (vertices) and connections (edges), situated on a … heterogeneous agents; (2) network architecture within which the interaction takes place; (3) geographical distribution of agents and …
Persistent link: https://www.econbiz.de/10005125585