In this paper, drawing on international trade theory, I derive the asymptotic relation that holds for oligopolists’ iso-profit curves within Cournot’s game and I discuss the properties of the Nash equilibrium. Thereafter, I provide an economic rationale for such a mathematical relation. The...

This paper examines the determinants of Italian intra-industry trade in horizontally and vertically differentiated products. The dataset used eliminates the effects linked to the hypothesis of homogeneity both between countries − when specific industry characteristics are analysed − and...