Simulating Tariffs vs. Quotas with Domestic Monopoly

John Gilbert and Reza Oladi

Journal of Industrial Organization Education, 2007, vol. 2, issue 1, 1-11

Abstract: The pro-competitive effects of international trade in the presence of monopoly, and the deleterious effects of protection, are topics commonly taught in both international trade and industrial organization classes. We present a numerical simulation model for classroom use, built in Excel, that is designed to explore the effect of international trade on a monopoly, and how the effects of protecting the monopoly may differ depending on whether a tariff or a quota is chosen. We describe the model, key results, and how to integrate the approach into the curriculum.

Keywords: monopoly; tariffs; quotas; simulation models (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2202/1935-5041.1010 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:jioedu:v:2:y:2007:i:1:n:1

DOI: 10.2202/1935-5041.1010

Access Statistics for this article

Journal of Industrial Organization Education is currently edited by James A. Dearden and Jeffrey M. Perloff

More articles in Journal of Industrial Organization Education from De Gruyter
Bibliographic data for series maintained by Peter Golla ().