Detection of collusion in an industry with application of wavelet analysis – theoretical model

In this paper a supergame model of collusion based on fixed cartel quota exogenously provided by cartel members’ agreement is developed. The model provides theoretical motivation of price wars and variance screen of collusion. We use the model to explain behavior of well known Lysine conspiracy members. In a second part of a research we will verify usefulness of a variance marker in an empirical example with application of wavelet analysis.

MoreLess

Year of publication:	2010
Authors:	Bejger, Sylwester
Published in:	Acta Universitatis Nicolai Copernici, Ekonomia. - Uniwersytet Mikolaja Kopernika. - Vol. 41.2010, p. 7-26
Publisher:	Uniwersytet Mikolaja Kopernika
Subject:	explicit and tacit collusion \| supergames \| cartel detection \| lysine \| price variance \| wavelet analysis

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010610818