000 01614nab|a22002897a|4500
001 65248
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022 _a0033-5533
022 _a1531-4650 (Online)
024 _2https://doi.org/10.2307/1891121
040 _aMX-TxCIM
041 _aeng
100 1 _aEaton, J.
_927298
245 1 1 _aOptimal Trade and Industrial Policy under Oligopoly
260 _bOxford University Press,
_c1986.
_aUnited Kingdom :
520 _aWe analyze the welfare effects of trade and industrial policy under oligopoly, and characterize optimal intervention under a variety of assumptions about market structure and conduct. When all output is exported, optimal policy with a single home firm depends on the difference between foreign firms' actual responses to the home firm's actions and the responses that the home firm conjectures. A subsidy often is indicated for Cournot behavior, but a tax generally is optimal if firms engage in Bertrand competition. If conjectures are “consistent,” free trade is optimal. With domestic consumption, intervention can raise national welfare by reducing the deviation of price from marginal cost.
546 _aText in English
650 7 _2AGROVOC
_91093
_aEconomics
650 7 _2AGROVOC
_91088
_aEconomic analysis
650 7 _94809
_aPolicies
_2AGROVOC
650 7 _99694
_aCosts
_2AGROVOC
700 1 _927281
_aGrossman, G.M.
773 _dUnited Kingdom : Oxford University Press, 1986.
_gvol. 101, no 2, p. 383–406
_tQuarterly Journal of Economics
_x0033-5533
942 _cJA
_n0
_2ddc
999 _c65248
_d65240