Predation and Its Rate of Return: The Sugar Industry, 1887-1914
收藏NBER1997-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6032
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资源简介：
We study entry into the American sugar refining industry before World War I. We show that the price wars following two major entry episodes were predatory. Our proof is twofold: by direct comparison of price to marginal cost, and by construction of predicted competitive price cost margins that we
提供机构：
美国国家经济研究局
创建时间：
1997-05-01
