Showing 1 - 10 of 19
This paper sheds new light on the role of communication for cartel formation. Using machine learning to evaluate free …-form chat communication among firms in a laboratory experiment, we identify typical communication patterns for both explicit … sanctions on communication reinforces the direct cartel-deterring effect of sanctions as collusion is more difficult to reach …
Persistent link: https://www.econbiz.de/10013164725
sanctioning institutions on firms’ communication. Using machine learning to organize the chat communication into topics, we find … present. At the same time, average prices are lower when communication is less explicit. A mediation analysis suggests that … the prevalence of explicit price communication. …
Persistent link: https://www.econbiz.de/10012600166
Persistent link: https://www.econbiz.de/10013447819
we study their effect on firms' communication in a laboratory experiment. Using machine learning to organize the chat … communication into topics, we find that firms are less likely to communicate explicitly about price fixing when sanctioning … institutions are present. At the same time, average prices are lower when communication is less explicit. A mediation analysis …
Persistent link: https://www.econbiz.de/10013332300
This paper sheds new light on the role of communication for cartel formation. Using machine learning to evaluate free …-form chat communication among firms in a laboratory experiment, we identify typical communication patterns for both explicit … sanctions on communication reinforces the direct cartel-deterring effect of sanctions as collusion is more difficult to reach …
Persistent link: https://www.econbiz.de/10013418834
This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …
Persistent link: https://www.econbiz.de/10010273734
This paper sheds new light on the role of communication for cartel formation. Using machine learning to evaluate free …-form chat communication among firms in a laboratory experiment, we identify typical communication patterns for both explicit … sanctions on communication reinforces the direct cartel-deterring effect of sanctions as collusion is more difficult to reach …
Persistent link: https://www.econbiz.de/10013171678
we study their effect on firms' communication in a laboratory experiment. Using machine learning to organize the chat … communication into topics, we find that firms are less likely to communicate explicitly about price fixing when sanctioning … institutions are present. At the same time, average prices are lower when communication is less explicit. A mediation analysis …
Persistent link: https://www.econbiz.de/10012623118
This paper sheds new light on the role of communication for cartel formation. Using machine learning to evaluate free …-form chat communication among firms in a laboratory experiment, we identify typical communication patterns for both explicit … sanctions on communication reinforces the direct cartel-deterring effect of sanctions as collusion is more difficult to reach …
Persistent link: https://www.econbiz.de/10013462359
This paper sheds new light on the role of communication for cartel formation. Using machine learning to evaluate free …-form chat communication among firms in a laboratory experiment, we identify typical communication patterns for both explicit … sanctions on communication reinforces the direct cartel-deterring effect of sanctions as collusion is more difficult to reach …
Persistent link: https://www.econbiz.de/10013470283