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This paper investigates the relationship between trade liberalisation, consumers' environmental awareness and a negative environmental externality in consumption. We adopt an international Hotelling duopoly setup, where firms are located in two asymmetric countries. We find that, if the...
Persistent link: https://www.econbiz.de/10011716033
This paper investigates the relationship between trade liberalisation, consumers' environmental awareness and a negative environmental externality in consumption. We adopt an international Hotelling duopoly setup, where firms are located in two asymmetric countries. We find that, if the...
Persistent link: https://www.econbiz.de/10014147796
game theory of the firm. A theoretical case for picking winners through a preferential innovative policy is discussed in a …
Persistent link: https://www.econbiz.de/10011377579
This paper investigates the domestic government's antidumping duty choice in an asymmetric information framework where the foreign firm's cost is observed by the domestic firm, but not by the government. To induce truthful revelation, the government can design a tariff schedule, contingent on...
Persistent link: https://www.econbiz.de/10003807867
Mandated countertrade is a policy to restrict unilateral imports. A country's government thereby in effect commits domestic firms not to purchase from a foreign trading partner unless there are reciprocal sales. We argue that the policy may be a rational response to fundamental contracting...
Persistent link: https://www.econbiz.de/10013058631
tighten environmental standards. Production costs under the stricter environmental regulation are private information to the …
Persistent link: https://www.econbiz.de/10014142492
The trade-off between the costs and benefits of disclosing a firm's private information has been the object of a vast literature. The absence of incentives to share information on a common market demand prior to competition has been advocated to interpret information sharing as evidence of...
Persistent link: https://www.econbiz.de/10013171765
We consider takeover bidding in a Cournot oligopoly when firms have private information concerning the synergy effect … oligopoly game. …
Persistent link: https://www.econbiz.de/10008822617
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
large enough. -- information sharing ; oligopoly ; networks ; Bayesian equilibrium …
Persistent link: https://www.econbiz.de/10009731783