Vassar College Digital Library

Vassar Scholarship

Vassar Scholarship, the institutional repository formerly known as Digital Window, reflects the research and scholarly output of the Vassar College community.  It provides access to a variety of collections, including senior theses and projects across a wide range of disciplines.

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Vassar Scholarship

Convergence among the U.S. states: Absolute, conditional, or club?

Publication Date
2003-October-01
Document Type
working paper
Authors
Johnson, Paul A.
Takeyama, Lisa N.
Department or Program
Economics Department
Document Type
Working Paper
Abstract

This paper attempts to ascertain which of the convergence hypotheses – absolute, conditional, or club – best describes the economic development of the U.S. states since 1950. We use regression tree analysis to identify convergence clubs among the states and...

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Vassar Scholarship

Price collusion in an infinitely repeated Hotelling duopoly

Publication Date
1998-August-01
Document Type
working paper
Authors
Powers, Jonathan
Department or Program
Economics Department
Document Type
Working Paper
Abstract

This paper explores the effect product differentiation has on the ability of firms to collude in setting prices. It is often thought that product differentiation can be an impediment to collusion. However, the results in this paper suggest that product...

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