search query: @indexterm IMPERFECT COMPETITION / total: 53
reference: 47 / 53
Author: | Fisher, E. Wilson, C. |
Title: | Price competition between two international firms facing tariffs |
Journal: | International Journal of Industrial Organization
1995 : MAR, VOL. 13:1, p. 67-87 |
Index terms: | POLICY IMPERFECT COMPETITION PRICES |
Language: | eng |
Abstract: | This paper examines the effects of tariffs on price-setting duopolists selling a homogeneous product. The producers cannot segment geographically distinct markets. It provides a complete characterization of the equilibrium (mixed) strategies and analyzes the pattern of competition for different tariffs. If a country raises its tariff, the profits of both producers increase, although the protected firm typically benefits more than its foreign counterpart. |
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