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Strategi Kompetisi dalam Pasar tidak Sempurna: Kasus "Non-Collusive Duopoly Market"

Bambang Prijambodo
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Bambang Prijambodo: Lecturer, Faculty of Economics, University of Indonesia, Jakarta.

Economics and Finance in Indonesia, 1995, vol. 43, 155- 165

Abstract: Until recently, international trade theories pay much attentions on perfect competition or pure monopoly market, with a number of policy recommendations. With increasing tendency of market for some commodities toward oligopolistic competition, the policy recommendation become ineffective. This article is trying to explore a model of oligopolistic competition in international trade in which only two firms in the world, competing each other supported by their government. Surprisingly, the model does not provide common recommendations. The effectiveness of government in building monopoly power for the firm depends on the interaction of certain factors such as the actual reaction of the competitor, the capability of government to understand competitor's actual reaction, and the credibility of government to coordinate internal policy with the firm. Further, efforts of each government to encourage competing firms to be collusive, do not guarantee to yield a stable equilibrium.

Date: 1995
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