Browsing College of Human Sciences by Subject "L10"

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 ...
Cost of delay and endogenous price leadership

Pastine, Ivan (Elsevier Science, 2004-01)

We study the effects of discounting in a standard endogenous price leadership model. We show that there will be occasional changes in the identity of the leader with any cost of delay or discounting, however small. By ...