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Technology, Profit Risk, and Assessments of Market Performance

Roger Sherman and Robert Tollison

The Quarterly Journal of Economics, 1972, vol. 86, issue 3, 448-462

Abstract: I. Short-run cost and profit risk, 450. — II. Evidence that cost fixity affects profit risk, 452. — III. Cost behavior and firm size, 454. — IV. Links between market structure and market performance, 457. — V. Summary, 462.

Date: 1972
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