Published October 1981 | Version Published
Working Paper Open

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

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.

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Identifiers

Eprint ID
82081
Resolver ID
CaltechAUTHORS:20171004-145226063

Funding

FTC
NSF
Guggenheim Foundation
Caltech Program for Enterprise and Public Policy

Dates

Created
2017-10-05
Created from EPrint's datestamp field
Updated
2019-10-03
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Caltech Custom Metadata

Caltech groups
Social Science Working Papers
Series Name
Social Science Working Paper
Series Volume or Issue Number
404