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Networks and markets : the dynamic impacts of information, matching and transaction costs on global trade
Kumagai, Yuki - 2009
The purpose of this paper is to explore strategic incentives to use trade networks rather than markets and to shed … of networks. We investigate the issues by mainly focusing on the role of matching in a trade network. The existing … conditions under which agents prefer to trade on networks rather than in markets. -- Trade networks ; Repeated games ; Matching …
Persistent link: https://www.econbiz.de/10003898826
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Networks and markets : the dynamic impacts of information, matching and transaction costs on trade
Kumagai, Yuki - 2010
The purpose of this paper is to explore strategic incentives to use trade networks rather than markets and shed light … trading system. The study states conditions under which agents prefer to trade on networks rather than in markets. -- Repeated … trade ; Moral hazard ; Matching ; Transaction costs ; Networks ; Institutions …
Persistent link: https://www.econbiz.de/10003990204
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Financial Policies and Dynamic Game Simulation in Poland and Hungary
Yoshino, Hisao - Institute of Developing Economies, Japan External Trade … - 2009
through the trade. This mutual relationship between two countries can be expressed by the Nash-equilibrium in the Game theory …
Persistent link: https://www.econbiz.de/10005029399
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Endogenous enforcement of intellectual property, North-South trade, and growth
Schäfer, Andreas; Schneider, Maik T. - 2011 - This version: August 2011
While most countries have harmonized intellectual property rights (IPR) legislation, the dispute about the optimal level of IPR-enforcement remains. This paper develops an endogenous growth framework with two open economies satisfying the classical North-South assumptions to study (a)...
Persistent link: https://www.econbiz.de/10009312504
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Innovation, Strategic Environmental Policy and North-South Trade: A Game Theoretic Analysis
Eslamloueyan, K. - 1998
engaged in trade. In our model, the motivation for an incumbent government to use environmental policy arises from its selfish …
Persistent link: https://www.econbiz.de/10005776026
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Innovation, Strategic Environmental Policy and North-South Trade: A Game Theoretic Analysis
Eslamloueyan, K. - Département d'Économie / Department of Economics, … - 1998
engaged in trade. In our model, the motivation for an incumbent government to use environmental policy arises from its selfish …
Persistent link: https://www.econbiz.de/10005583545
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International Coordination of Quality Standards and Vertical Product Differentiation
Lutz, Stefan - 2003
and trade in which duopolistic firms face quality-dependent costs and compete in quality and price in two segmented …
Persistent link: https://www.econbiz.de/10010297292
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The Effects of Quotas on Vertical Intra-Industry Trade
Lutz, Stefan H. - 2002
A quota on foreign competition will generally lead to quality-upgrading (downgrading) of the low-quality (high-quality) firm, an increase in average quality, a reduction of quality differentiation, and a reduction of domestic consumer surplus, irrespective of whether the foreign firm produces...
Persistent link: https://www.econbiz.de/10010297879
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Mutual Recognition of National Minimum Quality Standards may Support International Convergence
Lutz, Stefan - 2003
In a model of vertical product differentiation, duopolistic firms face qualitydependent costs and compete in quality and price in two segmented markets. Minimum quality standards, set according to the principle of Mutual Recognition, can be used to increase welfare. The results of the one-shot...
Persistent link: https://www.econbiz.de/10010298134
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The effects of quotas on vertical intra-industry trade
Lutz, Stefan - 2002
A quota on foreign competition will generally lead to quality-upgrading (downgrading) of the low-quality (high-quality) firm, an increase in average quality, a reduction of quality differentiation, and a reduction of domestic consumer surplus, irrespective of whether the foreign firm produces...
Persistent link: https://www.econbiz.de/10010301130