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Normann, Hans-Theo; Rösch, Jürgen; Schultz, Luis Manuel - 2012

We explore whether buyer groups, in which firms legally purchase inputs jointly, facilitate collusion in the product market. In a repeated game, abandoning the buyer group altogether or excluding single firms from them constitute more severe credible threats, hence, in theory buyer groups...

Persistent link: https://www.econbiz.de/10009661278

Endogenous cartel formation : experimental evidence

Fonseca, Miguel A.; Normann, Hans-Theo - 2014

In a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they … may get fined by a cartel authority. We find that four-firm industries form cartels more often than duopolies because they … gain less from a hysteresis effect after cartel disruption. …

Persistent link: https://www.econbiz.de/10010401724

Do buyer groups facilitate collusion?

Normann, Hans-Theo; Rösch, Jürgen; Schultz, Luis Manuel - 2014 - [Rev.] November 2014

We explore whether lawful cooperation in buyer groups facilitates collusion in the product market. Buyer groups purchase inputs more economically. In a repeated game, abandoning the buyer group altogether or excluding single firms constitute credible threats. Hence, in theory, buyer groups...

Persistent link: https://www.econbiz.de/10010428107

Collusion and bargaining in asymmetric Cournot duopoly : an experiment

Fischer, Christian; Normann, Hans-Theo - 2018

In asymmetric dilemma games without side payments, players face involved cooperation and bargaining problems. The maximization of joint profits is implausible, players disagree on the collusive action, and the outcome is often inefficient. For the example of a Cournot duopoly with asymmetric...

Persistent link: https://www.econbiz.de/10011929323

Let's lock them in : collusion under consumer switching costs

Fourberg, Niklas - 2018

, especially for the focus of cartel screening. …

Persistent link: https://www.econbiz.de/10011892961

Collusion and bargaining in asymmetric Cournot duopoly : an experiment

Fischer, Christian; Normann, Hans-Theo - 2018

Persistent link: https://www.econbiz.de/10011802796

Competition, collusion and spatial sales patterns : theory and evidence

Hunold, Matthias; Hüschelrath, Kai; Laitenberger, Ulrich; … - 2018

Germany, we study a cartel breakdown to identify the effect of competition on transport distances. Our econometric analyses …

Persistent link: https://www.econbiz.de/10011906924

Vertical mergers, foreclosure and raising rivals' costs : experimental evidence

Normann, Hans-Theo - 2010

The hypothesis that vertically integrated firms have an incentive to foreclose the input market because foreclosure raises its downstream rivals' costs is the subject of much controversy in the theoretical industrial organization literature. A powerful argument against this hypothesis is that,...

Persistent link: https://www.econbiz.de/10008666950

Legal and illegal cartels in Germany between 1958 and 2004

Haucap, Justus; Heimeshoff, Ulrich; Schultz, Luis Manuel - 2010

illegal horizontal cartels detected by the German Federal Cartel Office (FCO) between 1958 and 2004 and all legal cartels … all illegal cartels). How the number of cartel members affects the duration of cartels is ambiguous. Cartels with no more …

Persistent link: https://www.econbiz.de/10008667616

Rebels without a clue? : experimental evidence on partial cartels

Clemens, Georg; Rau, Holger A. - 2013

a coordination challenge when a partial cartel is to be formed as every firm is better off if it is not inside the … cartel but is a free-riding outsider. We introduce a three-stage mechanism with communication which facilitates the formation … of a cartel and respectively allows the formation of a partial cartel. All-inclusive cartels are always formed. We find …

Persistent link: https://www.econbiz.de/10009729516