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- W2057930322 abstract "Abstract In a multi-period game, industry excess capacity may act to deter firms from cheating on a non-cooperative oligopoly price. A model is developed that translates the deterrrent influence of excess capacity into predictions about the relationship between excess capacity and oligopoly price-cost margins. The model is tested with time-series data from the U.S. aluminum industry. Results are consistent with those predicted by the model." @default.
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- W2057930322 date "1989-06-01" @default.
- W2057930322 modified "2023-10-18" @default.
- W2057930322 title "An empirical test of the effect of excess capacity in price setting, capacity-constrained supergames" @default.
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- W2057930322 doi "https://doi.org/10.1016/0167-7187(89)90020-9" @default.
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