The industry total cost function gives the least total cost to an industry of producing a prescribed total output.
This paper analyses survey data on the responses firms expect from their competitors when they change prices.
The weak form of oligopolistic coordination in pricing and capacity expansion of the North American newsprint industry is examined.
Hypotheses about the creation of value by mergers are tested on premia paid in a sample of 100 recent acquisitions.
A model of price setting behaviour by National Hockey League teams based on the assumption of profit maximization is developed, estimated, and tested.
If a public firm is managed less efficiently than private producers facing similar conditions, then privatisation will increase the overall efficiency of the industry and benefit society.
With firm profitability data for a cross-section of geographic markets, it is possible to determine the relative importance of firm and market effects on profitability.