Monopoly Tariff Model
Monopoly Tariff Model
Release Date: May 02, 2019
This variant includes a dominant firm with market power and a foreign perfectly competitive supply of fringe firms in a single domestic market. The dominant firm chooses its price to maximize its profits and the fringe firms are price takers. The model can simulate the effects of a tariff change on prices, quantities, and dominant firm profits in the market.
Model Details: Tags:
Imperfect Competition
Tariff
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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. |