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Testing the Efficiency of the Tin Futures Market on
The UK Grocery Trade 19701980
The Structure and Behaviour of the British Building Society
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actuals price ad valorem adaptive expectations allocative efficiency analysis Asda assumed average Basil Yamey behaviour best-placed building societies cartel cash price cent changes chlordiazepoxide coefficient collusion commodity concentration consumption contracts demand diazepam distribution domestic production drug econometric Economic effect elastic entrant entry equation equilibrium estimates expected exporters Figure firm growth rate firms invest free trade function futures contracts futures market futures price grocery retailing hedged storage hedgers Hoffman-La Roche Horner hypothesis imperfections import quota importing country increase Industry and Trade manufacturing marginal cost market share Markovits Marshall Marshall's maximise mergers monopolist monopolistically competitive monopoly mortgage oligopolistic oligopoly optimal organisation output P-MC paper parameters predatory pricing prediction production subsidy profit margin QV investment misallocation regression relevant restrictions rival Roche Roche's significant soybeans specific tariff speculators spot price supply target tenderer Tesco theory Valium valorem tariff variable