Rubio, Santiago J.; Alepuz, María Dolores - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2005
In this paper the optimal policy and the stability of a tariff agreement among the importers of a monopolized good that is sold in an integrated market are studied. To analyze the stability, the tariff agreement formation is modelled as a two-stage game. In the first stage each importer decides...