The welfare effects of international trade with optimistic and pessimistic managers

dc.contributor.author	Blanchard, Michel
dc.contributor.author	Peltrault, Frédéric
dc.date.accessioned	2009-04-01T08:22:34Z
dc.date.available	2009-04-01T08:22:34Z
dc.date.issued	2004
dc.identifier.uri	https://basepub.dauphine.fr/handle/123456789/92
dc.language.iso	en	en
dc.subject	Optimism	en
dc.subject	Free trade commitment	en
dc.subject	Trade losses	en
dc.subject	Idiosyncratic risk	en
dc.subject.ddc	337	en
dc.subject.classificationjel	F1	en
dc.subject.classificationjel	D8	en
dc.title	The welfare effects of international trade with optimistic and pessimistic managers	en
dc.type	Article accepté pour publication ou publié	en
dc.description.abstracten	This paper investigates the welfare effects of international trade when technological idiosyncratic risk is distorted by optimistic and pessimistic managers. We show that free trade always improves the ex-ante welfare but sometimes lowers the ex-post welfare. Free trade commitment can be regretted ex-post.	en
dc.relation.isversionofjnlname	Economics Bulletin
dc.relation.isversionofjnlvol	6	en
dc.relation.isversionofjnlissue	15	en
dc.relation.isversionofjnldate	2004-10	en
dc.relation.isversionofjnlpages	1-10	en
dc.description.sponsorshipprivate	oui	en
dc.relation.isversionofjnlpublisher	Vanderbilt University	en
dc.subject.ddclabel	Economie internationale	en

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