Cartel Pricing and the Structure of the World Bauxite Market

A cartel is unstable if one or more of its members can earn higher revenues in the long run by undercutting the cartel price and expanding production. In this paper dynamic and static models of the world bauxite market are used to assess the stability of the International Bauxite Association, to suggest possible changes on the structure of the bauxite market and the future of bauxite prices.

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Year of publication:	1977
Authors:	Pindyck, Robert S.
Published in:	Bell Journal of Economics. - The RAND Corporation, ISSN 0361-915X. - Vol. 8.1977, 2, p. 343-360
Publisher:	The RAND Corporation

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005133316