Collusive Price Leadership (Classic Reprint)

December 12, 2018|
Collusive Price Leadership (Classic Reprint) by Julio J. Rotemberg
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Excerpt from Collusive Price Leadership

In many industries pricing is characterized by price leadership: one of the firms announces a price change in advance of the date at which the new price will take effect and the new price is swiftly matched by the other firms in the industry. Strikingly, a long time elapses between price changes (often a year or more) and price changes are usually matched to the penny even when the products are differentiated.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Title:Collusive Price Leadership (Classic Reprint)
Dimensions:48 pages, 9 X 6 X 0.1 in
Published:December 12, 2018
Publisher:FB&C Ltd
Appropriate for ages:All ages
ISBN - 13:9781332255429

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