Garcia-Fuentes, Pablo A.; Kennedy, Philip Lynn; … - In: Journal of applied economics 25 (2022) 1, pp. 156-177
This paper uses a Bertrand duopoly model application and derives a high fructose corn syrup (HFCS) price reaction function that shows the response of the price of HFCS to changes in the price of sugar. It conducts cointegration analysis and assesses the performance of the HFCS price reaction...