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The Aggregate Relation between Profits and Concentration is Consistent with Cournot Behavior

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Author Info
Micha Gisser
Raymond Sauer

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File URL: http://hdl.handle.net/10.1023/A:1007817706987
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Article provided by Springer in its journal Review of Industrial Organization.

Volume (Year): 16 (2000)
Issue (Month): 3 (May)
Pages: 229-246
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Handle: RePEc:kap:revind:v:16:y:2000:i:3:p:229-246

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Web page: http://www.springerlink.com/link.asp?id=100336

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Related research
Keywords: Concentration; Cournot; oligopoly model; profits;

References listed on IDEAS
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  1. Ian Domowitz & R. Glenn Hubbard & Bruce C. Petersen, 1986. "Business Cycles and the Relationship Between Concentration and Price-Cost Margins," RAND Journal of Economics, The RAND Corporation, vol. 17(1), pages 1-17, Spring. [Downloadable!] (restricted)
  2. Dickson, Vaughan, 1988. "Price Leadership and Welfare Losses in U.S. Manufacturing: Comment," American Economic Review, American Economic Association, vol. 78(1), pages 285-87, March. [Downloadable!] (restricted)
  3. Robert E. Hall, 1986. "Market Structure and Macroeconomic Fluctuations," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 17(1986-2), pages 285-338. [Downloadable!]
  4. Bresnahan, Timothy F., 1989. "Empirical studies of industries with market power," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 2, chapter 17, pages 1011-1057 Elsevier. [Downloadable!] (restricted)
  5. Domowitz, Ian & Hubbard, R Glenn & Petersen, Bruce C, 1986. "The Intertemporal Stability of the Concentration-Margins Relationship," Journal of Industrial Economics, Blackwell Publishing, vol. 35(1), pages 13-34, September. [Downloadable!] (restricted)
  6. Sam Peltzman, 1977. "The Gains and Losses From Industrial Concentration," NBER Working Papers 0163, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  7. Fisher, Franklin M & McGowan, John J, 1983. "On the Misuse of Accounting Rates of Return to Infer Monopoly Profits," American Economic Review, American Economic Association, vol. 73(1), pages 82-97, March.
  8. Peltzman, Sam, 1991. "The Handbook of Industrial Organization: Review Article," Journal of Political Economy, University of Chicago Press, vol. 99(1), pages 201-17, February. [Downloadable!] (restricted)
  9. Friedman, James, 1993. "Oligopoly theory," Handbook of Mathematical Economics, in: K. J. Arrow & M.D. Intriligator (ed.), Handbook of Mathematical Economics, edition 4, volume 2, chapter 11, pages 491-534 Elsevier. [Downloadable!] (restricted)
  10. Liebowitz, S J, 1982. "What Do Census Price-Cost Margins Measure?," Journal of Law & Economics, University of Chicago Press, vol. 25(2), pages 231-46, October.
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