Gabszewicz, Jean J.; Marini, Marco A.; Tarola, Ornella - Dipartimento di Ingegneria Informatica, Automatica e … - 2015
This paper studies how the possibility for firms to sign collusive agreements (as for instance being part of alliances, cartels and mergers) may affect their quality and price choice in a market with vertically differentiated goods. For this purpose we model the firm decisions as a three-stage...