Dynamic Oligopoly in the Rice Export Market
使用线性二次动态寡头模型估计大米出口市场的竞争程度,发现该市场虽为寡头垄断,但更接近竞争而非合谋。
A linear-quadratic dynamic oligopoly model is used to estimate the competitiveness of the rice export market. The model nests various market structures using either open-loop or feedback strategies. The estimated feedback model implies a less competitive market structure than the estimated open-loop model. The rice export market is oligopolistic, but it is closer to competitive than collusive. Copyright 1989 by MIT Press.