Oligopolistic Behavior by Public Agencies in International Trade: The World Wheat Market
构建了一个将公共政策视为内生变量的世界小麦市场模型，假设政策制定者根据对超额需求函数斜率的推测来制定国内和贸易政策，并考虑了不同政治利益集团的影响。
Abstract A model of the world wheat market is presented which treats public policies as endogenous. The oligopolistic nature of international wheat trade is captured by assuming policy makers form conjectures on the slope of the excess demand function they face and use that information to determine domestic and trade policies. The policies reflect differing influences of political interest groups. A U.S. crop shortfall scenario illustrates the different results with endogenous policies compared to the traditional model.