Maximum-revenue tariff under Bertrand du
β
Fernanda A. Ferreira; FlΓ‘vio Ferreira
π
Article
π
2009
π
Elsevier Science
π
English
β 160 KB
This paper considers an international trade under Bertrand model with differentiated products and with unknown production costs. The home government imposes a specific import tariff per unit of imports from the foreign firm. We prove that this tariff is decreasing in the expected production costs of