This paper examines the effects of the Corporate Average Fuel Economy Standards (CAFE) on automobile sales, prices, and fuel consumption.
Diversified business groups dominate the private sectors of most of the world’s economies.
This paper investigates informative price advertising in an established-product Hotelling duopoly where firms compete for shares of a fixed market.
Industrial organization theory has identified strategic investment in capacity as an important element in competition in oligopolistic markets.
I show that small differences in quality and production costs between durables and non-durables in a product line allow a durable goods monopolist to intertemporally price discriminate even with conti
This note extends the analysis of Armstrong, Doyle and Vickers [1996] to the case of retail price deregulation.