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Anti-dumping actions are now the trade policy of choice of developing and transition economies. To understand why these economies have increasingly applied anti-dumping laws, we build a simple theoretical model of vertical intra-industry trade and investigate the strategic incentives of...
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This paper examines the small world hypothesis. The first part of the paper presents empirical evidence on the … evolution of a particular world: the world of journal publishing economists during the period 1970-2000. We find that in the … 1970's the world of economics was a collection of islands. Two decades later, in the 1990's the world of economics was much …
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We experimentally study the effect of information about competitors ́actions on cartel stability and firms ́incentives to form cartels in Cournot markets. As in previous experiments, markets become very competitive when individualized information is available and participants cannot...
Persistent link: https://www.econbiz.de/10010532614