Balaguer, Jacint; Jiménez, Ezequiel Uriel; Orts, Vicente - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2005
In this paper, we suggest a method to test price-fixing agreements. Prices fixed to multiple shipments are decomposed into a set of destination market effects and time effects in order to allow us to perform an analysis of residuals. We examine the pricing behavior of vitamin C in the European...