haku: @indexterm TIME CONSISTENCY / yhteensä: 10
viite: 7 / 10
Tekijä: | Gervais, J.-P. Lapan, H. E. |
Otsikko: | Time consistent export quotas in an oligopolistic world market |
Lehti: | Journal of International Economics
2002 : MAR, VOL. 56:2, p. 445-463 |
Asiasana: | EXPORTS INTERNATIONAL TRADE OLIGOPOLY TIME CONSISTENCY |
Kieli: | eng |
Tiivistelmä: | The authors investigate the strategic behavior between exporting countries that face endogenous terms of trade on the world market. In a non-cooperative setting, if production decisions occur before consumption decisions, the ex-ante optimal export quota is not time consistent as the ex-post elasticity of the residural foreign import demand curve is lower than the ex-ante elasticity. |
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