๐”– Bobbio Scriptorium
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Product differentiation, oligopolistic interdependence, market share, and profits

โœ Scribed by Kevin F. Forbes


Book ID
116100582
Publisher
Elsevier Science
Year
1988
Tongue
English
Weight
370 KB
Volume
26
Category
Article
ISSN
0165-1765

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Using a duopoly model of product differentiation with consistent conjectures, we show that, compared with the free-trade equilibrium, voluntary export restraints improve the profits of both the foreign firm and the home firm in both quantity and price competition. The changes in profits of the forei