Che, Yeon-Koo (contributor); Kim, Jinwoo (contributor) - 2007
, 2000)
(henceforth, LM), which studies a collusion-proof contract when, unlike the current setting,
agents can collude only … each member will get in the latter event depends on the inferences made
by the members of the cartel about that member …. Condition (IRMC ) assumes that no new
inferences about the members’ types are made in such an event. This “passivity” of out …