Unimodality of Equilibrium Welfare in International Trade Under Monopolistic Competition Научная публикация
| Конференция |
XIV International Conference Optimization and Applications 18-22 сент. 2023 , Петровац, Черногория |
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| Сборник | Advances in Optimization and Applications : 13th International Conference, OPTIMA 2022, Petrovac, Montenegro, September 26–30, 2022, Revised Selected Papers Сборник, Springer Cham. 2023. 197 c. ISBN 978-3-031-22990-9. |
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| Журнал |
Communications in Computer and Information Science
ISSN: 1865-0929 |
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| Вых. Данные | Год: 2023, Том: 1913, Страницы: 107-118 Страниц : 12 DOI: 10.1007/978-3-031-48751-4_8 | ||
| Ключевые слова | Autarky, Comparative Statics, Free Trade, International Trade, Market Equilibrium, Monopolistic Competition, Unimodality of Welfare | ||
| Авторы |
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| Организации |
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Информация о финансировании (1)
| 1 | Институт математики им. С.Л. Соболева СО РАН | FWNF-2022-0019 |
Реферат:
We study the classical monopolistic competition trade model. The utility of consumers is additively separable with pro competitive sub-utility function, the production costs are linear, and the transport cots are “of iceberg type”. We examine the local comparative statics of market equilibrium with respect to transport costs. Earlier we found the following results: (1) (intuitive!) an increase w.r.t. transport costs near free trade leads to a decrease in social welfare; (2) (counter intuitive!) an increase w.r.t. transport costs near autarky leads to an increase in social welfare. Thus, social welfare is non-monotonic. In this regard, a natural question arises about the unimodality of social wel fare. We show the unimodality of social welfare for an important class of elementary utility function, namely, for the Behrens–Murata function.
Библиографическая ссылка:
Bykadorov I.
Unimodality of Equilibrium Welfare in International Trade Under Monopolistic Competition
В сборнике Advances in Optimization and Applications : 13th International Conference, OPTIMA 2022, Petrovac, Montenegro, September 26–30, 2022, Revised Selected Papers. – Springer Cham., 2023. – C.107-118. – ISBN 978-3-031-22990-9. DOI: 10.1007/978-3-031-48751-4_8 Scopus OpenAlex
Unimodality of Equilibrium Welfare in International Trade Under Monopolistic Competition
В сборнике Advances in Optimization and Applications : 13th International Conference, OPTIMA 2022, Petrovac, Montenegro, September 26–30, 2022, Revised Selected Papers. – Springer Cham., 2023. – C.107-118. – ISBN 978-3-031-22990-9. DOI: 10.1007/978-3-031-48751-4_8 Scopus OpenAlex
Даты:
| Опубликована в печати: | 14 дек. 2023 г. |
| Опубликована online: | 14 дек. 2023 г. |
Идентификаторы БД:
| Scopus: | 2-s2.0-85180634013 |
| OpenAlex: | W4389711841 |
Цитирование в БД:
Пока нет цитирований