condition that a price will be on its upper or lower bound in case of rationing. Therefore we introduce a more general … rationing are completely determined by the components of a direction in which the price system cannot be moved further without … rationing. We apply this main result to several special cases, including the case of an unbounded set of admissible prices. …

private damages. The cartel can achieve this by rationing inputs at low prices. Several U.S. antitrust cases show symptoms of …

versus quantity discrimination (rationing). Previous results in the literature (Benveniste and Wilhelm, 1990) show that the … can be implemented through a uniform price across institutional investors and a uniform rationing, when appropriate. <BR><BR> …