are that foreclosure is in fact a subgame perfect Nash equilibrium of the repeated game, and it may facilitate collusion …

This paper investigates the effect of capacity constraints on the sustainability of collusion in markets subject to …

We argue that a patent system makes collusion among innovators more difficult. Our simple argument is based on two … collusion members. Second, a deviator has an equal chance with former collusion members to get a patent on new innovations. We … show that if a patent system reduces spillovers, it renders collusion impossible. Moreover, it is possible to design a …

awards achieves broadly the same effects as does tacit collusion. …

In this paper we analyse whether collusion exists in the Dutch waste collection market, which shows a high degree of … in fact a result of fair competition. Using data for (nearly) all Dutch municipalities we estimate whether collusion …

Collusion and soft budget constraint are two conspicuous phenomena in transition economies¡¯ banking system. Literature … phenomena has been neglected in the research of banking regulation. The present paper addresses this issue in a simple model of … ¡°government-bank-firm¡±, we show that the government¡¯s non-commitment and banking bailout cause inefficiency in the contact …

We examine theoretically and experimentally two countervailing effects of collusion and symmetric mergers among bidders … demonstrate that, in average value auctions, this leads to more aggressive bidding. On the other hand, since collusion decreases …