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- W3123293485 abstract "Welfare with the maximum-revenue tariff is compared to free-trade welfare under perfect competition in the case of a large country able to affect its terms of trade; under Cournot duopoly with differentiated products; and under Bertrand duopoly with differentiated products. Under perfect competition, assuming linear demand and supply, welfare with the maximum-revenue tariff will be higher than free-trade welfare if the country has sufficient market power. Under Cournot duopoly and Bertrand duopoly, assuming linear demands and constant marginal costs, welfare with the maximum-revenue tariff is always higher than free-trade welfare." @default.
- W3123293485 created "2021-02-01" @default.
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- W3123293485 date "2018-03-01" @default.
- W3123293485 modified "2023-09-27" @default.
- W3123293485 title "Maximum-Revenue Tariffs versus Free Trade" @default.
- W3123293485 hasPublicationYear "2018" @default.
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