Collusion over the business cycle

RAND Journal of Economics

Volumn 28, Issue 1, 1997, Pages 82-106

  Bagwell, Kyle ^a   Staiger, Robert W ^b,c  

^a Och Spine at New York Presbyterian Hospitals   (United States)

^b UNIVERSITY OF WISCONSIN MADISON   (United States)

^c NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0031506231     PISSN: 07416261     EISSN: None     Source Type: Journal    
DOI: 10.2307/2555941     Document Type: Article

References (19)

1. ABREU. D. "Extremal Equilibria of Oligopolistic Supergames." Journal of Economic Theory, Vol. 39 (1986), pp. 191-225.
2. BAGWELL, K. AND STAIGER, R. "Collusion over the Business Cycle." National Bureau of Research, Discussion Paper no. 5056, 1995.
3. BILS, M. "The Cyclical Behavior of Marginal Cost and Price." American Economic Review, Vol. 77 (1987), pp. 838-855.
4. BORENSTEIN, S. AND SHEPARD, A. "Dynamic Pricing in Retail Gasoline Markets." RAND Journal of Economics, Vol. 27 (1996), pp. 429-451.
5. CHEVALIER, J.A. AND SCHARFSTEIN, D.S. "Capital Market Imperfections and Countercyclical Markups: Theory and Evidence." American Economic Review, Vol. 86 (1996), pp. 703-725.
6. DOMOWITZ, I., HUBBARD, R.G., AND PETERSEN, B.C. "Business Cycles and the Relationship Between Concentration and Price-Cost Margins." RAND Journal of Economics, Vol. 17 (1986), pp. 1-17.
7. ELLISON, G. "Theories of Cartel Stability and the Joint Executive Committee." RAND Journal of Economics, Vol. 25 (1994), pp. 37-57.
8. GREEN, E.J. AND PORTER, R.H. "Noncooperative Collusion Under Imperfect Price Information." Econometrica, Vol. 52 (1984), pp. 87-100.
9. HALTIWANGER, J. AND HARRINGTON, J.E., JR. "The Impact of Cyclical Demand Movements on Collusive Behavior." RAND Journal of Economics, Vol. 22 (1991), pp. 89-106.
10. HAMILTON, J.D. "A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle." Econometrica, Vol. 57 (1989), pp. 357-384.
11. KANDORI, M. "Correlated Demand Shocks and Price Wars During Booms." Review of Economic Studies, Vol. 58 (1991), pp. 171-180.
12. KLEMPERER, P. "Competition When Consumers Have Switching Costs: An Overview with Applications to Industrial Organization, Macroeconomics, and International Trade." Review of Economic Studies, Vol. 62 (1995), pp. 515-539.
13. MIRON, J.A. AND ZELDES, S.P. "Seasonality, Cost Shocks, and the Production Smoothing Models of Inventories." Econometrica, Vol. 56 (1988), pp. 877-908.
14. PORTER, R.H. "A Study of Cartel Stability: The Joint Executive Committee, 1880-1886." Bell Journal of Economics, Vol. 14 (1983), pp. 301-314.
15. ROTEMBERG, J.J. AND SALONER, G. "A Supergame-Theoretic Model of Price Wars During Booms." American Economic Review, Vol. 76 (1986), pp. 390-407.
16. _ AND WOODFORD, M. "Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity." Journal of Political Economy, Vol. 100 (1992), pp. 1153-1207.
17. STAIGER, R.W. AND WOLAK, F.A. "Collusive Pricing with Capacity Constraints in the Presence of Demand Uncertainty." RAND Journal of Economics, Vol. 23 (1992), pp. 203-220.
18. SUSLOW, V.Y. "Stability in International Cartels: An Empirical Survey." Hoover Institute Discussion Paper in Economics, E-88-7, 1988.
19. ZARNOWITZ, V. Business Cycles: Theory, History. Indicators, and Forecasting. Chicago: University of Chicago Press, 1992.