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    The scope for strategic asymmetry under international rivalry (2022)

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    Type of Content
    Journal Article
    UC Permalink
    https://hdl.handle.net/10092/103688
    
    Publisher's DOI/URI
    http://doi.org/10.1016/j.iref.2022.02.013
    
    Publisher
    Elsevier BV
    ISSN
    1059-0560
    Language
    en
    Collections
    • Business: Journal Articles [316]
    Authors
    Gilbert J
    Oladi R
    Koska, Onur A. cc
    show all
    Abstract

    In the context of a model of international trade through reciprocal dumping with horizontally differentiated goods, we study the endogenous choice of quantities and prices as strategic variables. We show that while a Cournot outcome prevails under conditions of export rivalry, strategic asymmetry under foreign direct investment rivalry may be observed, especially when it is possible to initially deter FDI by committing to a price contract, and when switching is costly and/or takes time.

    Citation
    Gilbert J, Koska OA, Oladi R (2022). The scope for strategic asymmetry under international rivalry. International Review of Economics & Finance.
    This citation is automatically generated and may be unreliable. Use as a guide only.
    Keywords
    Exports vs. FDI; Horizontal Product Differentiation; Cournot-Bertrand-Nash Equilibrium
    ANZSRC Fields of Research
    38 - Economics::3803 - Economic theory
    35 - Commerce, management, tourism and services::3502 - Banking, finance and investment::350203 - Financial econometrics
    Rights
    All rights reserved unless otherwise stated
    http://hdl.handle.net/10092/17651

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