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Quarterly Journal of Economics Vol. 93 No. 2 1979

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

Louis N. Christofides; Francis Tapon

University of Guelph

Abstract

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
Issue
2
Pages
303
Sources
openalex crossref

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