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Bigoni, Maria; Fridolfsson, Sven-Olof; Le Coq, Chloe; … - Institutet för Näringslivsforskning (IFN) - 2011

This paper presents results from a laboratory experiment studying the channels through which different law enforcement strategies deter cartel formation. With leniency policies offering immunity to the first reporting party, a high fine is the main determinant of deterrence, having a strong...

Persistent link: https://www.econbiz.de/10008802525

Fines, Leniency and Rewards in Antitrust: An Experiment

Bigoni, Maria; Fridolfsson, Sven-Olof; Le Coq, Chloé; … - Institutet för Näringslivsforskning (IFN) - 2008

This paper reports results from an experiment studying how fines, leniency programs and reward schemes for whistleblowers affect cartel formation and prices. Antitrust without leniency reduces cartel formation, but increases cartel prices: subjects use costly fines as (altruistic) punishments....

Persistent link: https://www.econbiz.de/10005419507

Tacit Collusion and Capacity Withholding in Repeated Uniform Price Auctions

Dechenaux, Emmanuel; Kovenock, Dan - Institutet för Näringslivsforskning (IFN) - 2005

This paper contributes to the study of tacit collusion by analyzing infinitely repeated multiunit uniform price … number of steps, maximal collusion is attained with simple price-quantity strategies exhibiting capacity withholding. …

Persistent link: https://www.econbiz.de/10005645307

Private Observation, Tacit Collusion and Collusion with Communication

Mouraviev, Igor - Institutet för Näringslivsforskning (IFN) - 2006

The paper studies the role of communication in facilitating collusion. The situation of infinitely repeated Cournot … collusive output levels or a 'downward' demand shock. The firms choose between tacit collusion and collusion with communication … the firms are sued for cartel behavior and pay a fine. Tacit collusion is assumed to provide no grounds for the legal …

Persistent link: https://www.econbiz.de/10005645357

Do Mergers Result in Collusion?

Ganslandt, Mattias; Norbäck, Pehr-Johan - Institutet för Näringslivsforskning (IFN) - 2004

We examine coordinated effects of mergers in the Swedish retail market for gasoline during the period 1986-2002. Despite significant changes in market concentration and many factors conductive to coordination, the empirical analysis shows that the level of coordination is low. In addition,...

Persistent link: https://www.econbiz.de/10005645392

Asymmetric Collusion and Merger Policy

Ganslandt, Mattias; Persson, Lars; Vasconcelos, Helder - Institutet för Näringslivsforskning (IFN) - 2007

factor potentially leading to collusion. We show that forbidding mergers leading to symmetric market structures can induce … mergers leading to asymmetric market structures with higher risk of collusion, when firms face indivisible costs of collusion …) firm benefits sufficiently more from collusion when industry asymmetries increase, collusion can become more likely when …

Persistent link: https://www.econbiz.de/10005645413

Product Differentiation and the Sustainability of Collusion

Häckner, Jonas - Institutet för Näringslivsforskning (IFN) - 1992

No abstract.

Persistent link: https://www.econbiz.de/10010818502

Make-or-buy Decisions and the Manipulability of Performance Measures

Andersson, Fredrik - Institutet för Näringslivsforskning (IFN) - 2009

The make-or-buy decision is analyzed in a simple framework combining contractual incompleteness with the existence of imperfect but contractible performance measures. Contractual incompleteness gives rise to two regimes, identified with make and buy. The performance measure on which...

Persistent link: https://www.econbiz.de/10008502563

On the Anticompetitive Effect of Exclusive Dealing when Entry by Merger is Possible

Fumagalli, Chiara; Motta, Massimo; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2007

We extend the literature on exclusive dealing, which assumes that entry can occur only by installing new capacity, by allowing the incumbent and the potential entrant to merge. This uncovers new effects. First, exclusive deals can be used to improve the incumbent's bargaining position in the...

Persistent link: https://www.econbiz.de/10005645312

A Trickle-Down Theory of Incentives with Applications to Privatization and Outsourcing

Andersson, Fredrik - Institutet för Näringslivsforskning (IFN) - 2009

The make-or-buy decision is analyzed in a three-layer principal-management-agent model. There is a cost-saving/quality tradeoff in effort provision. The principal chooses between employing an in-house management and contracting with an independent management; the cost-saving incentives facing...

Persistent link: https://www.econbiz.de/10005645337