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Two-Stage Oligopoly Pricing With Differentiated Product: The Boston Fluid Milk Market

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  • Dhar, Tirtha Pratim
  • Cotterill, Ronald W.

Abstract

By specifying a structural model, the present study estimates different indicators of competitiveness of the fluid milk market, namely average and marginal cost, average profits and price-cost margins, and utility levels for the full, and pre and post Compact time period.

Suggested Citation

  • Dhar, Tirtha Pratim & Cotterill, Ronald W., 2002. "Two-Stage Oligopoly Pricing With Differentiated Product: The Boston Fluid Milk Market," 2002 Annual meeting, July 28-31, Long Beach, CA 19872, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea02:19872
    DOI: 10.22004/ag.econ.19872
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    References listed on IDEAS

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    5. Nevo, Aviv, 1998. "Identification of the oligopoly solution concept in a differentiated-products industry," Economics Letters, Elsevier, vol. 59(3), pages 391-395, June.
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    8. Kadiyali, Vrinda & Vilcassim, Naufel J & Chintagunta, Pradeep K, 1996. "Empirical Analysis of Competitive Product Line Pricing Decisions: Lead, Follow, or Move Together?," The Journal of Business, University of Chicago Press, vol. 69(4), pages 459-487, October.
    9. Wackernagel, Rick, 1998. "Potential Economic Impacts of the Northeast Interstate Dairy Compact on Vermont Dairy Farms," Agricultural and Resource Economics Review, Cambridge University Press, vol. 27(1), pages 53-62, April.
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    Cited by:

    1. Chidmi, Benaissa & Lopez, Rigoberto A. & Cotterill, Ronald W., 2003. "Retail Oligopoly Power And Fluid Milk Prices In Boston," 2003 Annual meeting, July 27-30, Montreal, Canada 22107, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Cotterill, Ronald, 2002. "A Fair Share Law for Connecticut and Other Northeast Dairy States: A State Level Solution to Retail Milk Price Gouging and the Dairy Farm Crisis," Issue Papers 169386, University of Connecticut, Food Marketing Policy Center.
    3. Dhar, Tirtha Pratim & Cox, Thomas L., 2003. "Strategic Implications of Retail Pricing in the U.S. Fluid Milk Market," 2003 Annual meeting, July 27-30, Montreal, Canada 22184, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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