This paper presents the result of experiments for finding some insight into an effect of the new bidding system in Japanese public construction works procurement on bidders' collusion, which is called 'dango'. We focused on an effect of the entry of an outsider who is not a dango member. The...

The non- ub titution theorem a ert that the choice of technique i independent of pattern of final demand when efficiency prevail a to the u e of a ingle primary factor, say labor, while the a erted con tancy of theinput-output table no longer hold when more than one kind of primary factor i...

This paper presents the result of experiments for finding some insight into an effect of the new bidding system in Japanese public construction works procurement on bidders' collusion, which is called 'dango'. We focused on an effect of the entry of an outsider who is not a dango member. The...

This paper studies the effects of 'price-matching' policies in the Bertrand oligopoly model. If one or more consumers incur enforcement costs to utilize price-matching clauses, the unique equilibrium outcome is the competitive one.