Strategic capital investment in the American aluminum industry.

Research output: Contribution to journalArticle

25 Scopus citations

Abstract

A dominant firm equilibrium simulation is found to predict behavior of leading firms better than a Nash equilibrium. The remedy following Alcoa's monopolization conviction in 1945 is examined. Industry simulations involving a more competitive post-war market structure predict a small welfare gain.-from Author

Original languageEnglish (US)
Pages (from-to)225-245
Number of pages21
JournalJournal of Industrial Economics
Volume34
Issue number3
DOIs
StatePublished - Jan 1 1986
Externally publishedYes

ASJC Scopus subject areas

  • Accounting
  • Business, Management and Accounting(all)
  • Economics and Econometrics

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