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In this paper we apply standard cartel theory to identify the major institutional stabilizers of Germany's area tariff … system of collective bargaining between a single industry union and the industry's employers association. Our cartel analysis … stabilize the labor cartel while other pro-competitive proposals have failed. We argue that the pro-competitive recommendations …
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illegal horizontal cartels detected by the German Federal Cartel Office (FCO) between 1958 and 2004 and all legal cartels … all illegal cartels). How the number of cartel members affects the duration of cartels is ambiguous. Cartels with no more …
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Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments reveal important insights on individuals acting as firms,...
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