TY - GEN
T1 - Reply
AU - QIU, Larry D.
PY - 2003/10
Y1 - 2003/10
N2 - 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.
AB - 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.
U2 - 10.1016/S0022-1996(02)00082-X
DO - 10.1016/S0022-1996(02)00082-X
M3 - Other Article
SN - 0022-1996
VL - 61
SP - 247
EP - 248
JO - Journal of International Economics
JF - Journal of International Economics
ER -