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Price Wars and the Stability of Collusion: A Study of the Pre-World War I Bromine Industry

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NBER1993-09-01 更新2025-01-04 收录
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Bromine producers colluded to raise prices and profits during most of the period between 1885 and 1914. Collusion was punctuated by price wars in which prices fell sharply. The characteristics of these price wars are compared with those in the Green-Porter and Abreu- Pearce-Stachetti models. Some of

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1993-09-01
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