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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| Materyal Türü: | Journal article |
| Dil: | English |
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Blackwell Publishing
2000
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