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THE ACCOUNTING SERVICES MARKET: THEORY AND EVIDENCE: A COMMENT
Author(s) -
Williams David J.,
Turpie Keith D.
Publication year - 1983
Publication title -
journal of business finance and accounting
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.282
H-Index - 77
eISSN - 1468-5957
pISSN - 0306-686X
DOI - 10.1111/j.1468-5957.1983.tb00432.x
Subject(s) - oligopoly , pound (networking) , economics , product differentiation , market definition , financial economics , accounting , microeconomics , econometrics , market structure , computer science , cournot competition , world wide web
This Comment discusses tests on the extent of oligopolistic pricing and product differentiation in the accounting services market made by Pound and Francis recently in this journal. It is argued that the results obtained from that study are misleading, primarily because the testing does not include data on price mark‐ups.