The paper considers a tariff retaliation model in which two countries set tariffs strategically in an exchange economy. In the classes of homothetic and quasi-linear preferences, I find conditions that guarantee existence of a trading Nash equilibrium. These conditions imply that the offer curves of
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Uniqueness and comparative statics of Nash equilibrium in a tariff retaliation model
โ Scribed by Siu-kee Wong
- Publisher
- Springer Vienna
- Year
- 2008
- Tongue
- English
- Weight
- 525 KB
- Volume
- 96
- Category
- Article
- ISSN
- 1617-7134
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