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