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ADVANCE PRODUCTION, INVENTORIES, AND MARKET POWER: AN EXPERIMENTAL INVESTIGATION.

We report an experiment that assesses the effects of alterations in production conditions and product durability on market power in Bertrand-Edgeworth duopolies. Static equilibrium analysis predicts that advance (rather than 'to demand') production raises prices, but does not affect profits. The fur...

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Publicado en:Economic Inquiry Vol. 51; no. 1; pp. 941 - 959
Autor principal: DAVIS, DOUGLAS D.
Formato: Artículo
Publicado: Wiley-Blackwell Jan2013
Materias:
Markets
Economic competition
Economic policy
Government policy
Economic equilibrium
Production (Economic theory)
Prices
Economics
Inventories
Duopolies
Markov processes
Inventory control
Logical prediction
Acceso en línea:Ver este registro en EBSCOhost