IDENTIFYING IMPLICIT COLLUSION UNDER DECLINING OUTPUT DEMAND

Ananda Weliwita and Azzeddine Azzam

Journal of Agricultural and Resource Economics, 1996, vol. 21, issue 2, 12

Abstract: The "trigger price" oligopoly model is used to develop a test for oligopolistic as well as oligopsonistic conduct by observing how an industry responds to unexpected declines in output demand. The hypothesis that U.S. beef packers maintain cooperative pricing strategies is rejected.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1996
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlaare:31029

DOI: 10.22004/ag.econ.31029

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