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We analyze games between two countries that use the tariff as a threat to induce each other to follow monetary policies equivalent to those that would obtain under a cooperative game. The analysis shows that under certain assumptions concerning the shares of tariff revenues that the countries...
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We try to endogenise the choice between Bertrand Equilibrium (BE) and Cournot Equilibrium (CE) in simple duopoly models. The two distinctive features of this paper as compared to the related literature are the following. First, we take the concepts of BE an CE as fundamental and restict players'...
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This paper was written while the first author was visiting professor at the Department of Economics , birkbeck College, University of London. We are indebted to Alison Booth and Steve Davies for useful suggestions in reffering us to models used in literature on trade unions. The paper is part of...
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