Strategic capital investment in the American aluminum industry.

Research output: Contribution to journalArticlepeer-review

25 Scopus citations


A dominant firm equilibrium simulation is found to predict behavior of leading firms better than a Nash equilibrium. The remedy following Alcoa's monopolization conviction in 1945 is examined. Industry simulations involving a more competitive post-war market structure predict a small welfare gain.-from Author

Original languageEnglish (US)
Pages (from-to)225-245
Number of pages21
JournalJournal of Industrial Economics
Issue number3
StatePublished - 1986

ASJC Scopus subject areas

  • Accounting
  • General Business, Management and Accounting
  • Economics and Econometrics


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