Abstract
In this chapter we present a selective analytic survey of some ofthe main results of trade under oligopoly. We concentrate on threetopics: oligopoly as an independent determinant of trade, as illustratedby the reciprocal-markets model of Brander (1981); oligopoly as anindependent rationale for government intervention, as illustratedby strategic trade and industrial policy in the third-market modelof Spencer and Brander (1983); and the challenges and potential ofembedding trade under oligopoly in general equilibrium as illustratedby the GOLE model of Neary (2002).
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CITATION STYLE
Leahy, D., & Neary, J. P. (2013). Oligopoly and Trade. In Palgrave Handbook of International Trade (pp. 197–235). Palgrave Macmillan UK. https://doi.org/10.1007/978-0-230-30531-1_7
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