Adjustment Costs, Concentration and Price Behaviour

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http://www.jstor.org/stable/info/2098451

Authors:

Victor Ginsburgh and Philippe Michel

The effect of concentration on price stickiness is studied, by assuming quadratic and more general forms of adjustment costs. We analyze and characterize the two contradictory conclusions which emerge from empirical studies.

Pages:

477-481

Times downloaded:

Adjustment Costs, Concentration and Price Behaviour

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