The digital edition of all books may be viewed on our website before purchase. Excerpt from Quotas and the Stability of Implicit Collusion
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book challenges conventional wisdom on the effects of import quotas, arguing that they can actually increase competition in both domestic and foreign markets. The author demonstrates that when firms collude to maintain high prices, quotas can disrupt this collusion by reducing the ability of foreign firms to punish domestic firms for undercutting prices. The book also finds that quotas can make collusion more difficult to sustain when demand fluctuates over time, as firms may be less willing to give up short-term profits in order to maintain long-term cooperation. The author further shows that quotas can encourage entry by domestic firms, which can also increase competition. These insights suggest that quotas may have unintended benefits in promoting competition and consumer welfare. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781334476730_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334476730
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334476730
Quantité disponible : 15 disponible(s)