Normann, Hans-Theo; Rösch, Jürgen; Schultz, Luis Manuel - 2012
-firm Cournot framework to test these predictions, and we also explore the impact communication has on buyer groups. The … experimental results show that buyer groups lead to lower outputs when groups can exclude single firms. Communication is identified … as a main factor causing collusive product markets. -- buyer groups ; cartels ; collusion ; communication ; experiments …