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.
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 language | English |
|---|---|
| Pages | 247-248 |
| Number of pages | 2 |
| Volume | 61 |
| No. | 1 |
| Specialist publication | Journal of International Economics |
| DOIs | |
| Publication status | Published - Oct 2003 |
| Externally published | Yes |
Research output
- 1 Journal Article (refereed)
-
Optimal strategic trade policy under asymmetric information
QIU, L. D., May 1994, In: Journal of International Economics. 36, 3-4, p. 333-354 22 p.Research output: Journal Publications › Journal Article (refereed) › peer-review
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