Price wars and the stability of collusion : a study of the pre-world war I bromine industry

Between 1885 and 1914 US bromine producers colluded to raise prices and profits. This collusion was disrupted by price wars. Bromine price wars are compared with the Green/Porter and Abreu/Pearce/Stacchetti models. Some price wars resulted from the imperfect monitoring problems which motivate these...

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Bibliographic Details
Main Author: Levenstein, Margaret C
Format: Book
Published: Oxford Blackwell Publishers June 1997
Series:The Journal of Industrial Economics n. 2
Subjects: