Corporate governance and competition law generate divergent incentives in the organization. This paper confronts these regulating tools in a gametheoretical approach of collusive behaviors in vertical organizations

Based on a price setting duopoly model, this paper argues that collusion on managerial incentive compensation may have the equivalent effect to collusion on prices. This paper also provides an analysis of the effect of different antitrust fines regimes in the context of a game between two...

Cet article étudie l'impact de bénéfices privés sur la stratégie d'investissement et de financement d'une entreprise en situation de monopole. A l'origine actionnaire à 100%, son dirigeant doit décider la part du capital qu'il cède à un investisseur extérieur et/ou l'emprunt qu'il...