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- W2113303601 abstract "A trade embargo is a common way to punish a country. The question I ask is what effect does an embargo have on an imperfectly competitive market? I extend the standard quality duopoly model to show that if the embargo is on the high quality good the quality diminishes and causes an ambiguous effect on prices. An embargo on the low quality good raises the quality of the better good and increases both firm's price." @default.
- W2113303601 created "2016-06-24" @default.
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- W2113303601 date "2004-09-12" @default.
- W2113303601 modified "2023-09-26" @default.
- W2113303601 title "The impact of a trade embargo on quality" @default.
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