These notes discuss some of the main results and models from the theory of international trade under imperfect competition. They are necessairy both selective and superficial. Multinationals are conspicuous by their absence, and the reader is referred to Markusen (1995) for a recent survey. Up...

Competition policy plays an increasing role worldwide, both at the national and international level. The number of countries with competition laws has increased to about seventy as of 1999, against less than thirty only three decades earlier. One of the many reasons that lie behind this renewed...

This paper shows that moving from market segmentation to market integration (i.e. firms can no longer discriminate among markets) has anti-competitive effects in a repeated game setting in which a simple trigger strategy is the enforcement strategy. In particular, we show that two countries can...

This paper shows that moving from market segmentation to market integration (i.e. firms can no longer discriminate among markets) has anti-competitive effects in a repeated game setting in which a simple trigger strategy is the enforcement strategy. In particular, we show that two countries can...

This paper examines interbrand competition between a domestic and a foreign manufacturer who market their products through intermediaries. The contracts manufacturers offer these intermediaries are endogenous. In equilibrium contracts may specify exclusive territories (ET), depending on the...

In this paper, the authors consider a European industry characterized by vertical product differentiation. Using a two-stages model with quality choice made before price competition takes place, the authors show that EU antidumping policy that takes the form of price-undertaking offers a...

The purpose of this paper is to investigate whether trade policy always switches from export subsidy to export tax if firms engage in Bertrand competition instead of Cournot competitition with trade between two countries.

Competitiveness is a hotly-debated topic among policy-makers and businessmen throughout the world. Yet it has been the subject of surprisingly little rigorous economic analysis. The paper presents a method which draws on economic theory to measure competitiveness and its sources at the firm- and...