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imperfect_competition_1.1 [2019/05/29 15:57]
jfoure [Imperfect competition]
imperfect_competition_1.1 [2020/01/12 16:43] (current)
cbellora [MIRAGE-e 1.1 and after] Update of the reference to Bekk17 -> Bekk18
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 ===== MIRAGE-e 1.1 and after ===== ===== MIRAGE-e 1.1 and after =====
-MIRAGE-e implementation of imperfect competition à la [(:​harvard:​Krug79)] is inspired by two more recent contribution to the New Quantitative Trade Models literature: [(:​harvard:​Bali13)] for theoretical derivation calibration procedure and [(:harvard:Bekk17)] for implementation through "​generalized marginal cost".+MIRAGE-e implementation of imperfect competition à la [(:​harvard:​Krug79)] is inspired by two more recent contribution to the New Quantitative Trade Models literature: [(:​harvard:​Bali13)] for theoretical derivation calibration procedure and [(:harvard:Bekk18)] for implementation through "​generalized marginal cost".
  
 In a nutshell, we define generalized marginal cost $GnMC_{i,​r}$ as: In a nutshell, we define generalized marginal cost $GnMC_{i,​r}$ as: