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Maximal Cartel Pricing and Leniency Programs

Houba, Harold; Motchenkova, Evgenia; Wen, Quan - Tinbergen Institute - 2008

For a general class of oligopoly models with price competition, we analyze the impact of ex-ante leniency programs in …

Persistent link: https://www.econbiz.de/10005137188

The Pro-collusive Effect of Increasing the Repose Period for Price Fixing Agreements

Hinloopen, Jeroen - Tinbergen Institute - 2005

Intuitively, extending the period of repose for price fixing agreements enhances the effectiveness of competition …

Persistent link: https://www.econbiz.de/10005450793

The Effects of Leniency on Maximal Cartel Pricing

Houba, Harold; Motchenkova, Evgenia; Wen, Quan - Tinbergen Institute - 2009

We analyze maximal cartel prices in infinitely-repeated oligopoly models under leniency where fines are linked to illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of collusion. We introduce cartel culture that describes how...

Persistent link: https://www.econbiz.de/10008531430

Duopoly Dynamics with a Barrier to Entry

Abbring, Jaap H.; Campbell, Jeffrey R. - Tinbergen Institute - 2007

This paper considers the effects of raising the cost of entry for a potential competitor on infinite-horizon Markov-perfect duopoly dynamics with ongoing demand uncertainty. All entrants serving the model industry incur sunk costs, and exit avoids future fixed costs. We focus on the unique...

Persistent link: https://www.econbiz.de/10005136901

Competition and Entry in Banking: Implications for Stability and Capital Regulation

Boot, Arnoud W.A.; Marinc, Matej - Tinbergen Institute

We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … show that competition improves the monitoring incentives of better quality banks and deteriorates the incentives of lower … quality banks; and that precisely for those lower quality banks competition typically compromises the effectiveness of capital …

Persistent link: https://www.econbiz.de/10005209515

Collusion through Joint R&D: An Empirical Assessment

Duso, Tomaso; Roeller, Lars-Hendrik; Seldeslachts, Jo - Tinbergen Institute - 2010

This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product market. We show that a sufficient condition for...

Persistent link: https://www.econbiz.de/10008692325

On the Effects of Suggested Prices in Gasoline Markets

Faber, Riemer P.; Janssen, Maarten C.W. - Tinbergen Institute - 2008

This article analyzes the role of suggested prices in the Dutch retail market for gasoline. Suggested prices are announced by large oil companies with the suggestion that retailers follow them. There are at least two competing rationales for the existence of suggested prices: they may either...

Persistent link: https://www.econbiz.de/10005144478

Auctions as Collusion Devices

Janssen, Maarten C.W. - Tinbergen Institute - 2003

claim that market competition and bidding in an auction should be analyzed as part of one game, where the pricing strategies …

Persistent link: https://www.econbiz.de/10005137205

Deregulation in Retailing: The Dutch Experience

Carree, Martin; Nijkamp, Joyce - Tinbergen Institute - 1999

Institutional barriers to entry were removed to a considerable extent in 1996 in the Dutch retail sector. Three years before that the regulator decided to not take legal actions anymore against entrants violating institutional requirements. In the current analysis we investigate the effects of...

Persistent link: https://www.econbiz.de/10005137259

Environmental Regulation and Competitiveness

Mulatu, Abay; Florax, Raymond J.G.M.; Withagen, Cees A.A.M. - Tinbergen Institute - 2001

'chill' in environmental standards. A different view is that strict environmental regulation triggers industry's innovation …

Persistent link: https://www.econbiz.de/10005137363