Published October 1981
| Published
Working Paper
Open
The Effects of Market Practices in Oligopolistic Markets: An Experimental Examination of the Ethyl Case
- Creators
- Grether, David M.
-
Plott, Charles R.
Chicago
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Abstract
This study reports on the performance of experimental markets characterized by industrial structure and practices similar to those at issue in the Ethyl case. The central question is whether price competition is affected by the practices of advanced notification of price changes and ''most-favored nation" contracts or is determined by industrial organization and concentration alone.
Additional Information
Professor Plott has served as an FTC Bureau of Competition consultant on the Ethyl case. This research was stimulated by problems which surfaced in that context. Some initial experimental work was financed by the FTC. General funding by the National Science Foundation, the Guggenheim Foundation, and the Caltech Program for Enterprise and Public Policy is gratefully acknowledged. We also wish to thank James Angel who was the senior research assistant for the project. Published as Grether, David M. and Plott, Charles R. (1984) The Effects of Market Practices in Oligopolistic markets: An Experimental Examination of the Ethyl Case. Economic Inquiry, 22 (4). pp. 479-507.Attached Files
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Additional details
- Eprint ID
- 82081
- Resolver ID
- CaltechAUTHORS:20171004-145226063
- FTC
- NSF
- Guggenheim Foundation
- Caltech Program for Enterprise and Public Policy
- Created
-
2017-10-05Created from EPrint's datestamp field
- Updated
-
2019-10-03Created from EPrint's last_modified field
- Caltech groups
- Social Science Working Papers
- Series Name
- Social Science Working Paper
- Series Volume or Issue Number
- 404