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Automobile (Car) Industry
S/B/521. Car Wars: Competition within US Automobile Industry
- WORDS:
- 1500
- DATE:
- 2009
- PRICE:
- 19.99 GBP
The paper looks at the situation in the American small car industry during the 1950s known as “Car Wars”. The concept of cartel is examined explaining the reasons behind establishing and maintaining cartels, the idea of tacit collusion is discussed, the implications of the game theory for the US small car market are outlined.
KEYWORDS: American small car industry, Car Wars, cartel, tacit collusion,
Other Papers On: Automobile (Car) Industry
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