@techreport{NBERw1872,
 title = "Optimal Tariffs in Consistent Conjectural Variations Equilibrium",
 author = "Stephen J. Turnovsky",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "1872",
 year = "1987",
 month = "March",
 URL = "http://www.nber.org/papers/w1872",
 abstract = {This paper analyzes the determination of the optimal tariff under the assumption of Consistent Conjectural Variations (CCV). A general characterization of the CCV equilibrium is given. We show that (i) there are, in general, a multiplicity of such equilibria, and (ii) under certain restrictions, the Cournot equilibrium, which is based on the assumption of no retaliation can also be a CCV equilibrium. By contrast, free trade is never a CCV equilibrium. Finally the CCV equilibrium is solved explicitly in a simple example.},
}