Bandyopadhyay, Subhayu; Bandyopadhyay, Sudeshna Champati; … - 2000
The paper reports that an export subsidy is optimal for a unionized Bertrand duopoly. Following results published by Brander and Spencer (Journal of International Economics, 1988, pp. 217-34), this establishes the robustness of export subsidization to the mode of competition (Cournot or...