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The dynamics of leniency application and the knock-on effect of cartel enforcement
Zhou, Jun - 2016
for a sample of cartels prosecuted by the European Commission between 1996 and 2014. The start of a Commission … of application in separate markets in which a conspirator in the investigated market also engaged in collusion. The … light on enforcement efforts against cartels and other forms of conspiracy. …
Persistent link: https://www.econbiz.de/10011435719
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Facilitating collusion by exchanging non-verifiable sales reports
Spector, David - 2015
Persistent link: https://www.econbiz.de/10011302499
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Demand growth, entry and collusion sustainability
Capuano, Carlo - 2002
of sustainability of collusion. For the European Commission this assumption is seen as a factor that disincentives … collusion and pushes to a competitive behavior. This fact maybe is not so obvious and I have shown that what is important is the … implement collusion before and after entry as a subgames perfect equilibrium. The final conclusion is that demand growth …
Persistent link: https://www.econbiz.de/10011597631
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Screening adaptive cartels
Ortner, Juan; Chassang, Sylvain; Kawai, Kei; … - 2022
Persistent link: https://www.econbiz.de/10013412429
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On the size and structure of group cooperation
Haag, Matthew; Lagunoff, Roger D. - 2003
This paper examines characteristics of cooperative behavior in a repeated, n-person, continuous action generalization of a Prisoner's Dilemma game. When time preferences are heterogeneous and bounded away from one, how "much" cooperation can be achieved by an ongoing group? How does group...
Persistent link: https://www.econbiz.de/10011593869
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Vertical differentiation and collusion : cannibalization or proliferation?
Gabszewicz, Jean Jaskold; Marini, Marco A.; Tarola, Ornella - 2016
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...
Persistent link: https://www.econbiz.de/10011451580
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Cartel sustainability and cartel stability
Escrihuela-Villar, Marc - 2004
agreement. I obtain that collusion is easier to sustain the larger the cartel is. Then, I explore the implications of this …, they risk that collusion completely collapses, as remaining cartel members are unable to sustain collusion. …
Persistent link: https://www.econbiz.de/10011600408
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Eliciting information from a committee
Zapechelnyuk, Andriy - 2012
The paper addresses the mechanism design problem of eliciting truthful information from a committee of informed experts who collude in their information disclosure strategies. It is shown that under fairly general conditions full information disclosure is possible if and only if the induced...
Persistent link: https://www.econbiz.de/10009517819
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Positive freedom in networked capitalism : an empirical analysis
Carbonai, Davide; Drago, Carlo - 2015
The article proposes a social network analysis of the main European capitalisms and its correspondence with an index of economic freedom. The analysis relates to two kinds of economic liberties taken from the concept of freedom formulated by Isaiah Berlin. While the first kind of freedom...
Persistent link: https://www.econbiz.de/10011317885
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Privatization and restructuring in concentrated markets
Norbäck, Pehr-Johan; Persson, Lars - 2004
This paper examines the restructuring of state assets in markets deregulated by privatizations and investment liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes into account how much its own profit will increase....
Persistent link: https://www.econbiz.de/10011606525