Reply

Larry D. QIU*

*Corresponding author for this work

Research output: Other PublicationsOther ArticleCommunication

Abstract

Reply to Qiu's (1994) article "Optimal strategic trade policy under asymmetric information", Journal of International Economics, 36, 333-354.

Okajima is correct in arguing that there exists no separating equilibrium in the case of Bertrand competition considered by Qiu (1994). Although the conclusion stated in Proposition 3 by Qiu (1994) remains unchanged, the structure and analysis of Section 4 in Qiu (1994) should be reorganized as follows.
Original languageEnglish
Pages247-248
Number of pages2
Volume61
No.1
Specialist publicationJournal of International Economics
DOIs
Publication statusPublished - Oct 2003
Externally publishedYes

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