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More about Edgeworth Price Cycles in Gasoline: Evidence from the U.S.

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Book synopsis

Studies of gasoline prices in multiple countries have found a repeated sequence of asymmetric cycles where a sharp price increase is followed by gradual decreases. This price pattern is linked to Maskin & Tirole's (1988) theoretical duopoly pricing game th

Book details

• Full title: Edgeworth Price Cycles in Gasoline: Evidence from the U.S.
• Author: Federal Trade Commission
• Language: English
• Binding: Paperback
• Number of pages: 30
• EAN: 9781502479549
• ISBN: 1502479540
• ID: 17338418
• Publisher: Createspace Independent Publishing Platform
• Weight: 95 g
• Dimensions: 280 × 216 × 2 mm
• Date of publishing: 24. September 2014

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