A Further Test of the Kinky Oligopoly Demand Curve.
Like Stigler's, these data on business magazines do not support the kinky oligopoly-demand-curve hypothesis. They give no indication that oligopolists change price less often than do monopolists, as the kinky-demand-curve hypothesis suggests they would. Institutional-organizational rigidities theref...
| Publicado en: | American Economic Review Vol. 59; no. 5; pp. 971 - 976 |
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| Formato: | Artículo |
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American Economic Association
Dec69
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| Acceso en línea: | Ver este registro en EBSCOhost |