Showing 1 - 10 of 34
We explore whether lawful cooperation in buyer groups facilitates collusion in the product market. Buyer groups … constitute credible threats. Hence, in theory, buyer groups facilitate collusion. We run several experimental treatments using …
Persistent link: https://www.econbiz.de/10010428107
Factors facilitating collusion may not successfully predict cartel occurrence: when a factor predicts that collusion …
Persistent link: https://www.econbiz.de/10011844753
This paper explores the effects that collusion can have in newspaper markets where firms compete for advertising as …) semi-collusion over advertising (with competition in the reader market), and iii) (full) collusion in both the advertising … and the reader market. We find that semi-collusion leads to less advertising (but higher advertising prices) and lower …
Persistent link: https://www.econbiz.de/10008736212
; Collusion ; Entry deterrence …
Persistent link: https://www.econbiz.de/10009380269
This paper summarizes the peculiarities of online markets and discusses recent antitrust cases related to online markets. Following a brief description of the online markets' characteristics and potential tendencies for concentration the paper first discusses the antitrust allegations and...
Persistent link: https://www.econbiz.de/10011373093
We explore whether buyer groups, in which firms legally purchase inputs jointly, facilitate collusion in the product … credible threats, hence, in theory buyer groups facilitate collusion. We run several experimental treatments in a three … as a main factor causing collusive product markets. -- buyer groups ; cartels ; collusion ; communication ; experiments …
Persistent link: https://www.econbiz.de/10009661278
-cycle behavior becomes less pronounced, causing lower prices. Evidence for tacit collusion is limited and restricted to low …-capacity duopolies. -- tacit collusion ; excess capacity ; Edgeworth cycles …
Persistent link: https://www.econbiz.de/10009622438
When an upstream monopolist supplies several competing downstreamfirms, it may fail to monopolize the market because it is unable to commit not to behave opportunistically. We build on previous experimental studies of this well-known commitment problem by introducing communication. Allowing the...
Persistent link: https://www.econbiz.de/10011518962
Building on the seminal paper of Ordover, Saloner and Salop (1990), I study the role of reputation building on foreclosure in laboratory experiments. In one-shot interactions, upstream firms can choose to build a reputation by revealing their price history to the current upstream competitor. In...
Persistent link: https://www.econbiz.de/10011555141
This paper experimentally studies the role of search cost in duopoly markets where sellers may be able to coordinate pricing decisions. We vary the level of search cost and whether sellers can communicate. While we find that consumers are more likely to invest in search when cost is reduced, we...
Persistent link: https://www.econbiz.de/10011555151