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Desirable role in an international duopoly model with tariffs
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Orientador(es)
Resumo(s)
In this paper, we study an international market model in which the home government imposes a tariff on the imported goods. The model has two stages. In the first stage, the home government chooses an import tariff to maximize a function that cares about the home firm’s profit and the total revenue. Then, the firms engage in a Cournot or in a Stackelberg competition. We compare the results obtained in the three different ways of moving on the decision make of the firms.
Descrição
Palavras-chave
Industrial organization Game theory Cournot model Leadership
Contexto Educativo
Citação
Editora
AIP Publishing