The Dynamics of Oligopoly Behavior: A Study of the US Cigarette Industry, 1955-90

Donald Smythe

International Journal of the Economics of Business, 1996, vol. 3, issue 2, 185-200

Abstract: This paper uses the comparative statics method of testing for a monopoly equilibrium to track the competitiveness of the US cigarette industry between 1955 and 1990. The degree of competition ranged from somewhat less than a Coumot-Nash equilibrium would imply to somewhat more. Although the industry's behavior was highly autocorrelated, there were periodic reversions to behavior that was much more competitive than the trend

Keywords: Oligopoly; Cournot; Competitiveness, JEL classifications: LI 3, L66, (search for similar items in EconPapers)
Date: 1996
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.tandfonline.com/10.1080/758528452 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:ijecbs:v:3:y:1996:i:2:p:185-200

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CIJB20

DOI: 10.1080/758528452

Access Statistics for this article

International Journal of the Economics of Business is currently edited by Eleanor Morgan

More articles in International Journal of the Economics of Business from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().