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On The Stability Of Oligopoly With Nondogmatic Conjectures

In: Trade Policies for Development and Transition

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  • David G. Tarr

Abstract

In recent years a number of authors have considered a variety of expectations assumptions in analyzing the stability of oligopoly. In this paper it is assumed that an oligopolist has a probability distribution for its competitors’ outputs. This « nondogmatic conjectures » approach enables us to determine: (1) which of the stability results are not dependent on the expectation assumption made and (2) how the expectation assumptions themselves affect the stability results.

Suggested Citation

  • David G. Tarr, 2017. "On The Stability Of Oligopoly With Nondogmatic Conjectures," World Scientific Book Chapters, in: Trade Policies for Development and Transition, chapter 31, pages 649-655, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813108448_0031
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    Keywords

    International Trade Policy; Developing Countries; Transition Countries; Growth; Poverty; Environment; Multilateral; Adjustment Costs; Autos and Steel;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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