Lionel Page (@page_eco) 's Twitter Profile
Lionel Page

@page_eco

Professor UQ. Director @UQCUBES. Editor JESA. Tweets on economics, psychology, & society. Book: Optimally Irrational, optimallyirrational.com

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linkhttps://sites.google.com/site/liopage/home calendar_today06-01-2017 07:22:59

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Lionel Page (@page_eco) 's Twitter Profile Photo
Lionel Page
@page_eco

2 years ago

In many countries, petrol prices do something strange: they follow regular cycles unrelated to changes in international oil prices. Economists have recently elucidated how these cycles work, revealing how firms don’t merely compete but also coordinate when setting prices. A🧵

In many countries, petrol prices do something strange: they follow regular cycles unrelated to changes in international oil prices. Economists have recently elucidated how these cycles work, revealing how firms don’t merely compete but also coordinate when setting prices. A🧵