Browsing by Subject "L92"

Now showing items 1-2 of 2

Cartel stability and the Joint Executive Committee, 1880-1886

Lobato, Ignacio N. ; Walsh, Patrick P. (Trinity College Dublin. Department of Economics, 1994)

In this paper we analyse a railroad cartel run by the Joint Executive Committee (JEC) in the United States in the nineteenth century. The JEC was a cartel whose members anticipated a periodic fall in demand due to competition ...
Corn market dynamics and the Joint Executive Committee (1880-1886)

Mariuzzo, Franco ; Walsh, Patrick P. (University College Dublin. Geary Institute, 2009-06)

We incorporate previously omitted controls of external conditions in transportation and commodity markets into Porter's (1983) analysis of industry demand, conduct and stability of the JEC railroad cartel. We estimate the ...