American University
Browse
thesesdissertations_2500_OBJ.pdf (4.53 MB)

Firm conduct: The case of the United States malt beverage industry

Download (4.53 MB)
thesis
posted on 2023-09-06, 03:01 authored by Jeffrey Craig Wharff

This dissertation examines the role of strategic-pricing in a product-differentiated oligopolistic industry. The U.S. malt beverage industry is considered because it resembles the consumer-goods industries that populate a modern market economy. The analysis is based on the empirical conduct parameter model in which firm behavior is treated as an unknown parameter. Traditional textbook models of oligopoly--Bertrand-pricing, price-matching, dominant-firm, and joint-profit-maximization--are tested to determine which, if any, adequately describe brewer behavior. While most of the textbook models receive little empirical support, we identify a structure reminiscent of a dominant group where dominant-group members share a common empirical conjecture.

History

Publisher

American University

Language

English

Notes

Ph.D. American University 1995.

Handle

http://hdl.handle.net/1961/thesesdissertations:2500

Media type

application/pdf

Access statement

Part of thesis digitization project, awaiting processing.

Usage metrics

    Theses and Dissertations

    Categories

    No categories selected

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC