haku: @author Oughton, Ch. / yhteensä: 1
viite: 1 / 1
« edellinen | seuraava »
| Tekijä: | Hughes, K. Oughton, Ch. |
| Otsikko: | Diversification, multi-market contact and profitability |
| Lehti: | Economica
1993 : MAY, VOL. 60:238, p. 203-224 |
| Asiasana: | DIVERSIFICATION PROFITABILITY UNITED KINGDOM STRATEGY |
| Kieli: | eng |
| Tiivistelmä: | An analysis is performed that focuses on the link between diversification and multi-market contact to show that, when diversification establishes or increases the extent to which firms meet in more than one market, the effect of such multi-market contact is to increase the possibility that collusion emerges as an evolutionary stable strategy. As a result, multi-market contact may increase the potential for tacit collusion and so lead to higher profitability. The effects of diversification and multi-market contact on the price-cost margin and the rate of return to capital are estimated using a specially constructed new database for UK manufacturing industry in 1979. |
« edellinen | seuraava »
SCIMA