A Conjectural Variations Model of Reduced Japanese Milk Price Supports
通过估计猜想变差来衡量日本牛奶市场的不完全竞争程度，发现市场虽不完全竞争但竞争性在增强；降低支持价格时，当前不完全竞争结构下液态奶价格下降幅度小于完全竞争情况。
Abstract Conjectural variations are estimated to determine the degree of imperfection in the Japanese milk market. Estimated conjectural variations indicate that the Japanese milk market is imperfectly competitive but is becoming more competitive. Our comparative static analysis indicates that when the milk support price is reduced, the fluid milk price will decline less under the current imperfectly competitive structure than it would under a competitive structure.