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A cartel is socially not desirable. But is it a normative problem? And has merger control reason to be concerned about tacit collusion? Neither is evident once one has seen that the members of a cartel face a problem of strategic interaction. It is routinely analysed in terms of game theory....
Persistent link: https://www.econbiz.de/10014058244
From the angle of competition policy, Voice over IP looks like a panacea. It not only brings better service, but it … providers classic telephone numbers would enhance systems competition with switched telephony. But this would make it more …
Persistent link: https://www.econbiz.de/10014053336
From the perspective of competitors, competition may be modeled as a prisoner's dilemma. Setting the monopoly price is …
Persistent link: https://www.econbiz.de/10010281843
From the perspective of competitors, competition may be modeled as a prisoner's dilemma. Setting the monopoly price is …
Persistent link: https://www.econbiz.de/10008822475
From the perspective of competitors, competition may be modeled as a prisoner’s dilemma. Setting the monopoly price is …
Persistent link: https://www.econbiz.de/10014186597
From the perspective of competitors, competition may be modeled as a prisoner’s dilemma. Setting the monopoly price is …
Persistent link: https://www.econbiz.de/10009021689
A cartel is socially not desirable. But is it a normative problem? And has merger control reason to be concerned about tacit collusion? Neither is evident once one has seen that the members of a cartel face a problem of strategic interaction. It is routinely analysed in terms of game theory....
Persistent link: https://www.econbiz.de/10005272705
From the angle of competition policy, Voice over IP looks like a panacea. It not only brings better service, but it … providers classic telephone numbers would enhance systems competition with switched telephony. But this would make it more …
Persistent link: https://www.econbiz.de/10010264805
no longer sufficiently controlled by competition. The authorities also intervene if, post merger, the market structure …
Persistent link: https://www.econbiz.de/10011331401
Antitrust authorities all over the world are concerned if a particularly aggressive competitor, a maverick, is bought out of the market. One plausible determinant of acting as a maverick is behavioral: the maverick derives utility from acting competitively. We test this conjecture in the lab. In...
Persistent link: https://www.econbiz.de/10010323861