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- W1483184481 abstract "Uses a conjectural variation approach to derive a general result concerning the equivalence of tariffs and quotas. Shows that, as long as the quota is binding, the equivalence of tariffs and quotas depends exclusively on the domestic firm′s conjectural variations. Specifically, the domestic prices of the goods under the quota are higher than, identical to, or lower than those under the tariff if the domestic firm′s conjectural variation under the quota is larger than, equal to, or smaller than that under the tariff. This conclusion holds for both price‐setting and quantity‐setting duopoly with heterogeneous goods as well as quantity‐setting duopoly with homogeneous goods." @default.
- W1483184481 created "2016-06-24" @default.
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- W1483184481 date "1994-04-01" @default.
- W1483184481 modified "2023-09-27" @default.
- W1483184481 title "Tariffs versus Quotas under Duopoly" @default.
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- W1483184481 doi "https://doi.org/10.1108/01443589410062995" @default.
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