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Trade Policy and Economic Integration in a Cournot Duopoly Model

✍ Scribed by Yu-Ter Wang, Bih-Jane Liu and Pan-Long Tsai


Book ID
124682943
Publisher
Pakistan Institute of Developemnt Economics (PIDE)
Year
2004
Tongue
English
Weight
771 KB
Volume
43
Category
Article
ISSN
0030-9729

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Forward trading and storage in a Cournot
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A dynamic game is presented that models the e ects of forward trading and storage in an imperfectly competitive market. It is shown that the pro-competitive e ects of forward trading found in previous work are weakened by the addition of storage, but not eliminated. The price level lies between that