Issue 2

June 1997
Articles: 

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.

The Provision of (Two-way) Converters in the Transition Process to a New Incompatible Technology

This paper analyzes the dynamic provision of converters in the transition process between two incompatible technologies.

The Learning Curve, Predation, Antitrust, and Welfare

An economic definition of predation is applied to a dynamic model of duopoly competition with learning curves.

Corporate Growth and Profitability

This paper argues that current period corporate growth rates reflect changes in current expectations about the long run profitability of a firm.

Partial Ownership Arrangements and Collusion in the Automobile Industry

This paper develops a conjectural variation model that allows for partial ownership arrangements and foreign trade. This model is applied to the Japanese and US automobile industries.

On Strategic Quantity Bidding in Multiple Unit Auctions

Standard studies of multiple unit auctions generally overlook the strategic role of bidders' quantity decisions.

Market-structure Determinants of National Brand–Private Label Price Differences of Manufactured Food Products: Comment

Conor and Peterson [1992] analysed structural behavioural characteristics explaining differences in price between competing national and private label brands of manufactured food products.

Market-structure Determinants of National Brand–Private Label Price Differences of Manufactured Food Products: Comment

Conor and Peterson [1992] analysed structural behavioural characteristics explaining differences in price between competing national and private label brands of manufactured food products.