Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
This paper analyzes survey data on the responses firms expect from their competitors when they change prices. There is evidence of an assymmetry in expected responses, which provides some support for modified versions of the kinked demand curve. The asymmetry in responses is found to be cyclically sensitive and to differ with certain firm characteristics. Copyright 1991 by Blackwell Publishing Ltd.