Incentive Compatible Trade Policies
研究生产不确定性下两国贸易模型，当完全或有市场缺失时，政府采用激励相容的贸易政策来分担生产风险，并设计出能揭示真实信息的关税与补贴方案。
We consider a two country trade model with production uncertainty. If complete contingent markets do not exist, it is desirable for governments to adopt some trade policies to share the production risk. A full information policy involves income transfers across countries, which can be achieved by equal import tariffs and export subsidies. With incomplete information we consider incentive compatible trade policies, which are designed to be truth revealing while partially sharing the production risk.