This paper analyzes the interaction between price and inventory decisions in an oligopoly industry and its implications … endogenous prices and strategic oligopoly competition. We show that the optimal decision rule is an (S, s) order policy and … markets and especially observed autocorrelation in price fluctuations. -- inventory dynamics ; price competition ; oligopoly …

This paper analyzes the interaction between price and inventory decisions in an oligopoly industry and its implications … endogenous prices and strategic oligopoly competition. We show that the optimal decision rule is an (S, s) order policy and … markets and especially observed autocorrelation in price fluctuations. -- Inventory dynamics ; price competition ; oligopoly …

We model cartel defection in markets with stochastic demand fluctuations as an investment timing problem. We show that … (i) the optimal timing of cartel defection is pro-cyclical, suggesting higher probability of competitive pricing during …