Due to the current lapse in appropriations, the USITC has ceased regular operations.
Please continue to visit usitc.gov for updates on the resumption of regular Commission operations. Learn more here.Cournot Tariff Model with 2 Firms
Cournot Tariff Model with 2 Firms
Release Date: May 20, 2019
This variant includes two firms serving a highly concentrated domestic market. Firms maximize profits in a Cournot-style competition. They choose the quantity that they will sell taking the equilibrium quantities of their competitors as given. The model can simulate the effects of a tariff change on prices, quantities, and profits in the market.
Model Details: Tags:
Imperfect Competition
Tariff
Model Contacts:
Download Model:
Download Model LaTex:
Recommended Citations:
| Riker, D. and Schreiber S. (2020). Structural Equations for PE Models in Group 2 (Imperfect Competition). U.S. International Trade Commission. Trade Policy PE Modeling Portal. |