The relationship between market structure and firms’ pricing behaviour has been a major and controversial issue in industrial economics. The question of how firms’ pricing behaviour differs across market structures is the focus of the administered-price thesis. In this paper the authors...

Scholars have compared the pricing behaviour where a monopolist in the short run produces heterogeneous products 1 and 2, and a duopolist i produces goods i (i = 1, 2), where there are exogenous shocks to marginal cost and/or industry demand. This pricing behaviour is short run in that no entry...

R. Ian Domowitz, Glenn Hubbard, and Bruce C. Peterson (1988) estimate industry markups of price over marginal cost and show the influence of market structure on cyclical movements in total factor productivity, using a disaggregate panel data set of 284 four-digit, Standard Industrial...