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Multi-stage strategic trade policy in a differentiated duopoly

机译:差异化二浦多级战略贸易政策

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摘要

We consider a three-stage, non-cooperative game between two countries and two firms (duopoly) under a "reciprocal market model"to identify the optimal trade policy in the presence of tariffs and subsidies, but also allowing each country to commit to free trade. Even in the presence of demand uncertainty and horizontal product differentiation, it is established that there always exists a subgame perfect equilibrium in which one of the countries chooses protection while the other country chooses free trade. (C) 2021 Elsevier B.V. All rights reserved.
机译:我们考虑在“互惠市场模式”下的两个国家和两家公司(Duolyopy)之间的三阶段,非合作游戏,以确定关税和补贴的最佳贸易政策,也允许每个国家自由承诺 贸易。 即使在存在不确定性和水平产品的情况下,也建立了始终存在诸如其他国家选择保护的各国的诸如完美的均衡,而其他国家选择自由贸易。 (c)2021 elestvier b.v.保留所有权利。

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