I explore the interactions between comparative, competitive and absolute advantage in a two-country model of oligopoly …

I explore the interactions between comparative, competitive and absolute advantage in a two-country model of oligopoly …

I review previous approaches to modelling oligopoly in general equilibrium, and propose a new view which in principle …) are more convenient. To illustrate their usefulness, I construct a simple closed-economy model of oligopoly in general … equilibrium and derive some surprising implications for competition policy. …