Showing 1 - 10 of 44
We explore whether lawful cooperation in buyer groups facilitates collusion in the product market. Buyer groups … constitute credible threats. Hence, in theory, buyer groups facilitate collusion. We run several experimental treatments using …
Persistent link: https://www.econbiz.de/10010428107
degree of (tacit) collusion when exclusively humans interact to the case of one firm in the market delegating its decisions …)certainty about the actual presence of an algorithm does not significantly affect collusion. …
Persistent link: https://www.econbiz.de/10012509134
We explore whether buyer groups, in which firms legally purchase inputs jointly, facilitate collusion in the product … credible threats, hence, in theory buyer groups facilitate collusion. We run several experimental treatments in a three … as a main factor causing collusive product markets. -- buyer groups ; cartels ; collusion ; communication ; experiments …
Persistent link: https://www.econbiz.de/10009661278
In a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they may get fined by a cartel authority. We find that four-firm industries form cartels more often than duopolies because they gain less from a hysteresis effect after cartel...
Persistent link: https://www.econbiz.de/10010401724
We explore the difference between explicit and tacit collusion by investigating the impact communication has in …. -- cartels ; collusion ; communication ; experiments ; repeated games …
Persistent link: https://www.econbiz.de/10009612674
We explore the difference between explicit and tacit collusion by investigating the impact communication has in …
Persistent link: https://www.econbiz.de/10013119873
significantly affect collusion, although humans do seem to perceive algorithms as more disruptive. …
Persistent link: https://www.econbiz.de/10013414764
degree of (tacit) collusion when exclusively humans interact to the case of one firm in the market delegating its decisions …)certainty about the actual presence of an algorithm does not significantly affect collusion …
Persistent link: https://www.econbiz.de/10013228135
Factors facilitating collusion may not successfully predict cartel occurrence: when a factor predicts that collusion …
Persistent link: https://www.econbiz.de/10011844753
We analyze the impact of product bundling in experimental markets. One firm has monopoly power in a first market but competes with another firm à la Cournot in a second market. We compare treatments where the multi-product firm (i) always bundles, (ii) never bundles, and (iii) chooses whether...
Persistent link: https://www.econbiz.de/10010204789