Domowitz, Ian; Hubbard, R Glenn; Petersen, Bruce C - In: Journal of Industrial Economics 35 (1987) 4, pp. 379-98
This paper is a panel data study on the behavior of prices and margins of oligopolies involved in repeated games. The authors examine two supergame models which generate very different predictions about the cyclical behavior of prices and margins. Evidence on the levels of price-cost margins...
