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来源类型Working Paper
规范类型报告
DOI10.3386/h0050
来源IDHistorical Working Paper 0050
Price Wars and the Stability of Collusion: A Study of the Pre-World War I Bromine Industry
Margaret Levenstein
发表日期1993-09-01
出版年1993
语种英语
摘要Bromine producers colluded to raise prices and profits during most of the period between 1885 and 1914. Collusion was punctuated by price wars in which prices fell sharply. The characteristics of these price wars are compared with those in the Green-Porter and Abreu- Pearce-Stachetti models. Some of the bromine price wars resulted from the imperfect monitoring problems in these models. Those price wars were short and mild. More severe price wars were part of a bargaining process, in which firms tried to force a renegotiation to a new collusive equilibrium with a different distribution of rents.
主题Industrial Organization ; Market Structure and Firm Performance ; History ; Other History
URLhttps://www.nber.org/papers/h0050
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/561818
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Margaret Levenstein. Price Wars and the Stability of Collusion: A Study of the Pre-World War I Bromine Industry. 1993.
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