Banerji, A.; Meenakshi, J.V. - In: Contributions to Economic Analysis & Policy 8 (2008) 1, pp. 1786-1786
This paper undertakes structural estimation of asymmetric auction models in a market for basmati, and detects the presence of a cartel consisting of a large (in market share) local miller and commission agents purchasing for large distant millers. The contracts between the distant millers and...