This paper shows that agricultural policies can be used strategically to influence oligopolistic competition among big agricultural producers and traders. Collusion is not an equilibrium in finitely repeated games. If infinitely repeated, the cooperative equilibium implies a lower but still positive level of protection.[...]

The External Impact of the New CAP: An assessment in terms of strategic trade policy

PASSARELLI, Francesco
1996

Abstract

This paper shows that agricultural policies can be used strategically to influence oligopolistic competition among big agricultural producers and traders. Collusion is not an equilibrium in finitely repeated games. If infinitely repeated, the cooperative equilibium implies a lower but still positive level of protection.[...]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11575/9581
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