the literature in industrial economics neglects individuals’ incentives to form cartels. Although oligopoly experiments …

This paper presents an empirical examination of oligopoly pricing and consumer search. The theoretical model allows for …

We modify the paper of Stahl (1989) on sequential consumer search in an oligopoly context by relaxing the assumption …

Economic theory provides ambiguous and conflicting predictions about the association between algorithmic pricing and …

We study an infinitely repeated oligopoly game in which firms compete on quantity and one of them is capacity … incentive to deviate from a cartel. We also present conditions for the emergence of a partial cartel, with the capacity … small firm induces a partial conspiracy that is Pareto-dominant. Implications for cartel identification and enforcement are …

entry oligopoly, buyer surplus is U-shaped. If buyer surplus in the external market is low, local surplus is better provided … by local oligopoly, but moves against external surplus; if it is high, local and external surplus co-move, and local …

We consider an international cartel whose members interact repeatedly in their own as well as in third …-country segmented markets. Cartel discipline-an inverse measure of the degree of competition between firms-is endogenously determined by … the cartel's incentive compatibility constraint (ICC), which links strategically markets that are seemingly unrelated …