IDENTIFYING IMPLICIT COLLUSION UNDER DECLINING OUTPUT DEMAND

The "trigger price" oligopoly model is used to develop a test for oligopolistic as well as oligopsonistic conduct by observing how an industry responds to unexpected declines in output demand. The hypothesis that U.S. beef packers maintain cooperative pricing strategies is rejected.


Issue Date:
1996-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/31029
Published in:
Journal of Agricultural and Resource Economics, Volume 21, Number 2
Page range:
235-246
Total Pages:
12




 Record created 2017-04-01, last modified 2017-08-24

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