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In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the …
Persistent link: https://www.econbiz.de/10011451580
affected by tacit collusion or price manipulation when the corresponding polluting product market is oligopolistic. We analyze …
Persistent link: https://www.econbiz.de/10010476200
parameter that determines firms' market strategies. We study collusion in a quality-differentiated duopoly and we adopt a Nash … as continuous functions of quality asymmetry. We obtain novel and surprising results. Stability of collusion is … difference makes collusion less stable. The opposite holds for high levels of differentiation. Also, while low quality firms are …
Persistent link: https://www.econbiz.de/10012655386
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
such a rule would cause a considerable amount of false positives. -- oligopoly theory ; horizontal merger policy …
Persistent link: https://www.econbiz.de/10003821593
for three specific linear quadratic games - Cournot oligopoly, Keynes' beauty contest and Public good provision - in which …
Persistent link: https://www.econbiz.de/10009756291
The stagnation of the Italian economy over the last two decades is widely documented. During this period, the world economy has become highly integrated, and foreign outsourcing has become a standard practice for firms. While trade theory predicts benefits from the internationalization of...
Persistent link: https://www.econbiz.de/10011438940
. -- merger ; asymmetric information ; oligopoly ; single crossing …
Persistent link: https://www.econbiz.de/10002202342
This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the …
Persistent link: https://www.econbiz.de/10012814516
differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous … the market may have contradictory effects on the incentive of firms to collude: it can make collusion easier for bottom …
Persistent link: https://www.econbiz.de/10011660599