Market Share Quotas by Federal Trade Commission

Market Share Quotas

Federal Trade Commission

32 pages missing pub info (editions)

nonfiction business economics
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Description

Anecdotal evidence reveals that an import quota is not always filled when the quota is specified in terms of a market-share limit instead of a quantity limit. In a simple Cournot duopoly, we provide a theoretical rationale for this outcome. Imposi...

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