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Cartel Theory and Cartel Practice: The Case of the International Aluminum Cartels, 1901–1940

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  • Storli, Espen

Abstract

The study of cartels is important to economists as well as business historians, but, on the whole, there has been little cross cultivation between the two academic fields. This article examines cartel theory developed by economists in the context of the historical case of international aluminum cartels in existence before 1940. By analyzing three basic theoretical questions—when cartels appear, when they break down, and when they are successful—in light of the empirical evidence of the aluminum industry, the article argues that economics and history, although they have very different approaches, can profit from using each other's methods when studying cartels.

Suggested Citation

  • Storli, Espen, 2014. "Cartel Theory and Cartel Practice: The Case of the International Aluminum Cartels, 1901–1940," Business History Review, Cambridge University Press, vol. 88(3), pages 445-467, October.
    • Handle: RePEc:cup:buhirw:v:88:y:2014:i:03:p:445-467_00
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    Cited by:

    1. Marcel Boyer & Thomas W. Ross & Ralph A. Winter, 2017. "The rise of economics in competition policy: A Canadian perspective," Canadian Journal of Economics, Canadian Economics Association, vol. 50(5), pages 1489-1524, December.
    2. Orlando, Giuseppe, 2022. "Simulating heterogeneous corporate dynamics via the Rulkov map," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 32-42.
    3. Joseph E. Harrington & Kai Hüschelrath & Ulrich Laitenberger, 2018. "Rent sharing to control noncartel supply in the German cement market," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(1), pages 149-166, March.

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