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The Effects of Market Practices in Oligopolistic Markets: An Experimental Examination of the Ethyl Case

Grether, David M. and Plott, Charles R. (1981) The Effects of Market Practices in Oligopolistic Markets: An Experimental Examination of the Ethyl Case. Social Science Working Paper, 404. California Institute of Technology , Pasadena, CA. https://resolver.caltech.edu/CaltechAUTHORS:20171004-145226063

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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.


Item Type:Report or Paper (Working Paper)
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http://resolver.caltech.edu/CaltechAUTHORS:20140324-105300611Related ItemPublished Version in Economic Inquiry
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.
Group:Social Science Working Papers
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Funding AgencyGrant Number
FTCUNSPECIFIED
NSFUNSPECIFIED
Guggenheim FoundationUNSPECIFIED
Caltech Program for Enterprise and Public PolicyUNSPECIFIED
Series Name:Social Science Working Paper
Issue or Number:404
Record Number:CaltechAUTHORS:20171004-145226063
Persistent URL:https://resolver.caltech.edu/CaltechAUTHORS:20171004-145226063
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:82081
Collection:CaltechAUTHORS
Deposited By: Jacquelyn Bussone
Deposited On:05 Oct 2017 00:04
Last Modified:03 Oct 2019 18:50

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