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affected by tacit collusion or price manipulation when the corresponding polluting product market is oligopolistic. We analyze …
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of application in separate markets in which a conspirator in the investigated market also engaged in collusion. The …
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This paper analyzes price collusion in a repeated game with two submarkets; a standard and a premium quality segment … depends on the cost of producing quality. Moreover, given that there is a cartel, more collusion can be beneficial for society …
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This paper studies the design of sin taxes when firms exercise market power. We outline an optimal tax framework that highlights how market power impacts the efficiency and redistributive properties of sin taxation, and quantify these effects in an application to sugar-sweetened beverage...
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own workers to pay lower wages; and 2. Monopoly, where dominant firms charge too high prices for what they sell, which … Census Bureau between 1997 and 2016, we find evidence of both monopoly and monopsony, where the former is rising over this … period and the latter is stable. Both contribute to the decoupling of productivity and wage growth, with monopoly being the …
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