Strategic Industrial Policy For Cournot And Bertrand Oligopoly
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Strategic Industrial Policy For Cournot And Bertrand Oligopoly
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Author : Kwok Chiu Fung
language : en
Publisher:
Release Date : 1989
Strategic Industrial Policy For Cournot And Bertrand Oligopoly written by Kwok Chiu Fung and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Industrial organization (Economic theory) categories.
A Note On Optimal Industrial Policy Towards Bertrand Homogeneous Duopoly
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Author : Qi Duan
language : en
Publisher:
Release Date : 2017
A Note On Optimal Industrial Policy Towards Bertrand Homogeneous Duopoly written by Qi Duan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
Recent studies in strategic trade and industrial policy analysis suggest that an investment subsidy, in the form of an R&D subsidy, a capacity subsidy or an advertising subsidy, would be a robust industrial policy recommendation towards an international differentiated oligopoly. However, in this paper, we show that this result does not carry over to the case of a Bertrand homogeneous duopoly. This result together with the fact that the optimal industrial policy is to set an investment subsidy when in product market competition firms play a Cournot output game, imply immediately that there hardly exists a robust industrial policy recommendation towards homogeneous goods industries.
Robust Rules For Industrial Policy In Open Economies
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Author : Dermot Leahy
language : en
Publisher:
Release Date : 2001
Robust Rules For Industrial Policy In Open Economies written by Dermot Leahy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Commerce categories.
Industrial Organization
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Author : Jeffrey R. Church
language : en
Publisher: Irwin/McGraw-Hill
Release Date : 2000
Industrial Organization written by Jeffrey R. Church and has been published by Irwin/McGraw-Hill this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.
Through an effective blend of analysis and examples this text integrates the game theory revolution with the traditional understanding of imperfectly competitive markets. The book's focus is on strategic competition and how firms can shelter their market power and economic profits from competitors. This focus establishes the intellectual foundation for determining business practices that warrant antitrust examination and prohibition and underlines recent activist antitrust policy. The author's stress an integrated understanding of industrial organization and the development of students' analytical abilities.
Strategic Trade Policy
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Author : James A. Brander
language : en
Publisher:
Release Date : 1995
Strategic Trade Policy written by James A. Brander and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Commercial policy categories.
This paper reviews the literature on strategic trade policy. Strategic trade policy is defined as trade policy that conditions or alters a strategic relationship between firms, implying that strategic trade policy focuses primarily on trade policy in the presence of oligopoly. The key point is that strategic relationships between firms introduce additional motives for trade policy, over and above terms of trade and other effects that arise in all market structures. I demonstrate this general point using a simple game theoretic framework, then present the major results of strategic trade policy using two models: the 'third market' model, in which oligopolistic firms in two exporting nations export the good in question exclusively to a third country; and the 'reciprocal markets' model, in which firms in two countries compete in each others' markets. The paper makes the well-known point that slight differences in model structure can give rise to strikingly different trade policy implications, but also seeks to emphasize the robust general points that emerge from the literature.
Market Structure And Competition Policy
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Author : George Norman
language : en
Publisher: Cambridge University Press
Release Date : 2000-11-30
Market Structure And Competition Policy written by George Norman and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-11-30 with Business & Economics categories.
This 2000 text applies modern advances in game theory to the analysis of competition policy and develops some of the theoretical and policy concerns associated with the pioneering work of Louis Phlips. Containing contributions by leading scholars from Europe and North America, this book observes a common theme in the relationship between the regulatory regime and market structure. Since the inception of the new industrial organization, economists have developed a better understanding of how real-world markets operate. These results have particular relevance to the design and application of anti-trust policy. Analyses indicate that picking the most competitive framework in the short run may be detrimental to competition and welfare in the long run, concentrating the attention of policy makers on the impact on the long-run market structure. This book provides essential reading for graduate students of industrial and managerial economics as well as researchers and policy makers.
Advertising Subsidy And International Oligopolistic Competition
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Author : Jie Ma
language : en
Publisher:
Release Date : 2010
Advertising Subsidy And International Oligopolistic Competition written by Jie Ma and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
This paper examines the strategic role of advertising subsidies in a third-country trade model in which two firms located in different countries export their products to a third country (Brander and Spencer (1985)). We first develop a basic model of advertising in oligopolistic industries in which firms decide how much to invest in either predatory or cooperative advertising and then engage in product market competition either as Cournot competitors or Bertrand competitors. We show that firms invest in only one form of advertising; which form they invest in depends on the relative effectiveness of the two types of advertising, the degree of product differentiation and the form of product market competition. We then study strategic industrial policy and show that an advertising subsidy is the optimal strategic policy irrespective of the form of product market competition and the form of advertising in which firms invest.
Electronic Industry Data In Depth
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Author :
language : en
Publisher:
Release Date : 1984
Electronic Industry Data In Depth written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Electronic industries categories.
Intermediate Microeconomics
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Author : Patrick M. Emerson
language : en
Publisher:
Release Date : 2019
Intermediate Microeconomics written by Patrick M. Emerson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Economics categories.
Oligopoly Pricing
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Author : Xavier Vives
language : en
Publisher: MIT Press (MA)
Release Date : 1999
Oligopoly Pricing written by Xavier Vives and has been published by MIT Press (MA) this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.
Applies a modern game-theoretic approach to develop a theory of oligopoly pricing. The text relates classic contributions to the field of modern game theory and discusses basic game-theoretic tools and equilibrium, paying particular attention to developments in the theory of supermodular games.