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- W1985608460 abstract "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 foreign firm depend on the degree of product differentiation and the nature of competition." @default.
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- W1985608460 date "1996-01-01" @default.
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- W1985608460 title "Product differentiation, voluntary export restraints, and profits" @default.
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- W1985608460 doi "https://doi.org/10.1002/(sici)1099-1468(199601)17:1<103::aid-mde749>3.0.co;2-t" @default.
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