Zimmerman, Paul; Yun, John; Taylor, Christopher - In: Review of Industrial Organization 42 (2013) 3, pp. 297-320
Studies of gasoline prices in multiple countries have found sequences of a sharp price increase followed by gradual decreases. This pattern is linked to Maskin and Tirole (Econometrica 56:571–599, <CitationRef CitationID="CR4">1988</CitationRef>) duopoly pricing game and labeled Edgeworth price cycles. We examine data on average daily...</citationref>
