IDEAS home Printed from https://ideas.repec.org/p/cor/louvco/1995068.html

Cost Uncertainty and Trade Liberalization in International Oligopoly

Author

Listed:
  • MONER COLONQUES , Rafael

    (CORE, Université catholique de Louvain, B-1348 Louvain-la-Neuve, Belgium an Universitat de Valencia, Spain)

Abstract

In a game of incomplete information about costs we investigate conditions under which autarkic firms benefit from the opening of trade, both when the number of firms is exogenously and endogenously fixed. A social point of view is also taken to check under which circumstances bilateral trade liberalization is to both countries' advantage. We show that there may be cases when free trade is privately and socially favourable compared to the autarky situation. Typically everybody's interests harmonize for a certain degree of firms' diversification and a sufficiently large amount of uncertainty.

Suggested Citation

  • MONER COLONQUES , Rafael, 1995. "Cost Uncertainty and Trade Liberalization in International Oligopoly," LIDAM Discussion Papers CORE 1995068, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:1995068
    as

    Download full text from publisher

    File URL: https://sites.uclouvain.be/core/publications/coredp/coredp1995.html
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Larue, Bruno & Yapo, Vincent, 2000. "Asymmetries in risk and in risk attitude: the duopoly case," Journal of Economics and Business, Elsevier, vol. 52(5), pages 435-453.
    2. Moner-Colonques, Rafael, 1998. "Cost uncertainty and trade liberalization in international oligopoly," Journal of International Economics, Elsevier, vol. 45(2), pages 369-376, August.
    3. José J. Sempere Monerris & Rafael Moner Colonques & Amparo Urbano Salvador, 2010. "Trade liberalization in vertically related markets," Working Papers. Serie AD 2010-09, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cor:louvco:1995068. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alain GILLIS (email available below). General contact details of provider: https://edirc.repec.org/data/coreebe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.