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THE EFFECTS OF MARKET PRACTICES IN OLIGOPOLISTIC MARKETS: AN EXPERIMENTAL EXAMINATION OF THE ETHYL CASE
Author(s) -
GRETHER DAVID M.,
PLOT CHARLES R.
Publication year - 1984
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/j.1465-7295.1984.tb00700.x
Subject(s) - oligopoly , competition (biology) , economics , market structure , microeconomics , industrial organization , cournot competition , ecology , biology
This study reports on the performance of experimental markets characterized by industrial structure and practices similar to those at issue in the Ethyl case. The central question is whether price competition is affected by the practices of advanced notification of price changes and “most‐favored nation” contracts or is determined by industrial organization and concentration alone.