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Title: On the Equivalence of Tariffs and Quotas under Incomplete Information
Authors: Lai, Ping-Yen
Contributors: 英語學系
Keywords: Incomplete Information;Bayesian Nash Equilibrium;Cournot Competition;Homogeneous Good;Duopoly
Date: 2003-06
Issue Date: 2013-07-15T04:14:27Z
Publisher: Hitotsubashi University
Abstract: We evaluate the possibilities of the equivalence between tari#s and quotas under incomplete information of foreign technologies. We propose two possible criteria, the expected output and the expected price, for the government to set its quota permits. By using these criteria, we address the equivalence in domestic production. We show that equivalence in domestic quantity will depend on the curvature of demand function as well as on the likelihood of non-binding quotas.
Relation: Hitotsubashi Journal of Economics, 44(1): 15-22
Appears in Collections:[Department of English] Periodical Articles

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