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Consistent comparative statics for the food industries

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Holloway, G. orcid id iconORCID: https://orcid.org/0000-0002-2058-4504 (1994) Consistent comparative statics for the food industries. American Journal of Agricultural Economics, 76 (5). p. 1259. ISSN 0002-9092 doi: 10.1093/ajae/76.5.1242

Abstract/Summary

Consistent conjectures are derived in an oligopoly model with homogeneous products and identical firms. The exercise uncovers two important findings. Absent entry, the monopolistic conjecture, is the unique consistent conjecture. With endogenous entry, no consistent conjecture exists. These results provide foundations for deriving consistentc omparatives taticsf or the food industries

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Item Type Article
URI https://reading-clone.eprints-hosting.org/id/eprint/30681
Identification Number/DOI 10.1093/ajae/76.5.1242
Refereed Yes
Divisions Life Sciences > School of Agriculture, Policy and Development > Department of Agri-Food Economics & Marketing
Publisher Oxford University Press
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