论文信息 - EXCHANGE RATE UNCERTAINTY IN IMPERFECT MARKETS: A SIMULATION APPROACH

EXCHANGE RATE UNCERTAINTY IN IMPERFECT MARKETS: A SIMULATION APPROACH

In this paper a model is presented to analyze the influence of exchange rate uncertainty under imperfect market conditions. We consider an oligopolistic market with two types of producers: home producers and foreign producers, both supplying the home market. The exchange rate influences the profits of the foreign producers, and therefore, determines foreign market supply. Through the common demand equation and the game-theoretical setting, this foreign supply affects the home producers.

H. Amman | Lidwin M. T. van Velden

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