Narrow search
Showing 1 - 10 of 48
Cover Image
Do buyer groups facilitate collusion?
Normann, Hans-Theo; Rösch, Jürgen; Schultz, Luis Manuel - 2014 - [Rev.] November 2014
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
Cover Image
Explicit vs. tacit collusion: The impact of communication in oligopoly experiments
Fonseca, Miguel A.; Normann, Hans-Theo - Düsseldorf Institute for Competition Economics (DICE), … - 2012
We explore the difference between explicit and tacit collusion by investigating the impact communication has in …
Persistent link: https://www.econbiz.de/10010956703
Cover Image
Endogenous cartel formation: Experimental evidence
Fonseca, Miguel A.; Normann, Hans-Theo - Düsseldorf Institute for Competition Economics (DICE), … - 2014
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/10010956705
Cover Image
Do buyer groups facilitate collusion?
Normann, Hans-Theo; Rösch, Jürgen; Schultz, Luis Manuel - Düsseldorf Institute for Competition Economics (DICE), … - 2014
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/10010983935
Cover Image
Explicit vs. tacit collusion: The impact of communication in oligopoly experiments
Fonseca, Miguel A.; Normann, Hans-Theo - 2012
We explore the difference between explicit and tacit collusion by investigating the impact communication has in …
Persistent link: https://www.econbiz.de/10010310323
Cover Image
Endogenous cartel formation: Experimental evidence
Fonseca, Miguel A.; Normann, Hans-Theo - 2014
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/10010397752
Cover Image
Do buyer groups facilitate collusion?
Normann, Hans-Theo; Rösch, Jürgen; Schultz, Luis Manuel - 2014
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/10010426996
Cover Image
Endogenous cartel formation : experimental evidence
Fonseca, Miguel A.; Normann, Hans-Theo - 2014
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
Cover Image
Human-algorithm interaction : algorithmic pricing in hybrid laboratory markets
Normann, Hans-Theo; Sternberg, Martin - 2022
significantly affect collusion, although humans do seem to perceive algorithms as more disruptive. …
Persistent link: https://www.econbiz.de/10013414764
Cover Image
Hybrid Collusion : Algorithmic Pricing in Human-Computer Laboratory Markets
Normann, Hans-Theo; Sternberg, Martin - 2021
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