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Discretionary Expenditures and Profit Risk Management: The Galbraith-Caves Hypothesis

Louis N. Christofides; Francis Tapon

University of Guelph

Quarterly Journal of Economics 1979

I. Introduction, 303.—II. Model and comparative static properties, 306.—III. The influence of market power on equilibrium per unit discretionary expenditures, 312.—IV. Concluding remarks, 314.—Mathematical appendix, 315.

DOI
10.2307/1883196
Volume
93 (2)
Pages
303
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