Strategic trade and industrial policy towards dynamic oligopolies
We characterise optimal trade and industrial policy in dynamic oligopolistic markets. If governments can commit to future policies, optimal first-period intervention should diverge from the profit-shifting benchmark to an extent which exactly offsets the strategic behaviour implied by Fudenberg and...
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| Formato: | Journal article |
| Idioma: | English |
| Publicado: |
Blackwell Publishing
2000
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