We examine the relation between consumer search and equilibrium prices when collusion is endogenously determined. We …

This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply … functions on the spot market. A forward market can increase the range of discount factors which allow to sustain collusion. On … the contrary, collusion is destabilised when a potential deviator sells a significant amount forward. Results do not …

This paper shows that the possibility of collusion between an agent and a supervisor imposes no restrictions on the set … implementable if the supervisor's information was public is also implementable when this information is private and collusion is … mechanism all collusive side-bargaining fails, similar to the trade failure in Akerlof's (1970) car market and in models of …

A number of recent papers have proposed that a pattern of isolated winning bids may be associated with collusion. In … contrast, others have suggested that bid clustering, especially of the two lowest bids, is indicative of collusion. In this … paper, we present evidence from an actual procurement cartel uncovered during an anticollusion investigation that reconciles …

This paper studies how information control affects incentives for collusion and optimal organizational structures in …

investigation into collusion and corruption in the Quebec construction industry launched in October 2009 to capture the end of this … cartel. I find that after this date, the two suspected firms i) were more likely to bid in the same auction and ii) submitted …

markdown estimates relate to the firms' equilibrium bargaining weights. To account for vertical and horizontal product …' bargaining weights decreased during crisis years, such as the financial crisis in 2007 or the dieselgate scandal in 2015. …