Afficher la notice abrégée

dc.contributor.authorPeltrault, Frédéric
dc.contributor.authorBlanchard, Michel
dc.date.accessioned2009-04-16T08:57:31Z
dc.date.available2009-04-16T08:57:31Z
dc.date.issued2006
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/99
dc.language.isoenen
dc.subjectHeterogeneityen
dc.subjectTrade lossesen
dc.subjectEx-ante and ex-post welfareen
dc.subjectIdiosyncratic risken
dc.subjectOptimismen
dc.subjectPessimismen
dc.subject.ddc337en
dc.subject.classificationjelF11en
dc.subject.classificationjelF13en
dc.subject.classificationjelD81en
dc.titleOptimism, pessimism, and the gains from tradeen
dc.typeCommunication / Conférenceen
dc.description.abstractenThis paper examines the debate over the gains from trade when international differences in the risk perception of heterogeneous managers provide the basis for trade: the relatively optimistic country exports the risky commodity whereas the relatively pessimistic country exports the certain commodity. We show that optimal trade policy depends on the choice of the welfare criterion, as ex-ante and ex-post criteria often lead to opposing conclusions. The more optimistic country is always better off ex-ante whereas it can end up worse off ex-post. The more pessimistic country may be worse off/better off ex-ante but better off/worse off according to the ex-post welfare criterion.en
dc.identifier.citationpages36en
dc.description.sponsorshipprivateouien
dc.subject.ddclabelEconomie internationaleen
dc.relation.conftitleMidwest International Economics Group (MWIEG), spring meeting
dc.relation.confdate2006-05
dc.relation.confcityEast Lansing (Michigan)
dc.relation.confcountryEtats-Unis


Fichiers attachés à cette notice

Thumbnail

Ce document fait partie de la (des) collection(s) suivante(s)

Afficher la notice abrégée