Journal Article10.1016/j.ejor.2023.05.027
Comparative advantage with many goods: new treatment and results
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TL;DR: In this paper , the Ricardian Law of Comparative Advantage is studied in a many-commodity framework, and it is shown that when agents act strategically, they do not specialise based on comparative advantages.
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About: This article is published in European Journal of Operational Research. The article was published on 01 May 2023. The article focuses on the topics: Oligopoly & Commodity.
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Citations
The Impact of Retailer Regret in Two-stage Supply Chains: Various Structures and Buyer Power
Wei Gu,Yajin Liu,Yanan Song,Jennifer Shang,T.C.E. Cheng +4 more
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The Basic Laws of Trade: Reconstructing the Theory of International Trade
Abdurrahman Arum Rahman
- 23 Nov 2023
TL;DR: The basic laws of trade hypothetically reconstruct the theory of international trade, making it more comprehensive and balanced. They require a hypothetical true exchange rate to ensure equal comparative advantages and optimal gains from trade for all nations.
1
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Putting Ricardo to Work
Jonathan Eaton,Samuel Kortum +1 more
TL;DR: The Ricardian model has been used to explain why countries do better by specializing in different goods and exchanging them for each other, even when one country is better at making both.
Dynamic competition in antitrust law
J. Gregory Sidak,David J. Teece +1 more
TL;DR: In this paper, the antitrust division of the U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) are asked for public comment on the possibility of updating the Merger Guidelines.
The Application of Queueing Theory to Continuous Perishable Inventory Systems
TL;DR: In this paper, the authors developed two distinct models for studying inventory systems with continuous production and perishable items, and analytical expressions derived from queueing theory were found for the steady-state distribution of system inventory.
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