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
1996-01-01

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.[...]
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11575/9581
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact