Dynamic Oligopoly in the Rice Export Market
- 1 August 1989
- journal article
- Published by JSTOR in The Review of Economics and Statistics
- Vol. 71 (3) , 462
- https://doi.org/10.2307/1926903
Abstract
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.Keywords
This publication has 0 references indexed in Scilit: