Cartel Pricing and the Structure of the World Bauxite Market
- 1 January 1977
- journal article
- Published by JSTOR in The Bell Journal of Economics
- Vol. 8 (2) , 343
- https://doi.org/10.2307/3003291
Abstract
A cartel is unstable if one or more of its members can earn higher revenues in the long run by undercutting the cartel price and expanding production. In this p...Keywords
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