Firms sometimes collude by agreeing on increases in list prices. Yet, the efficacy of such list price collusion is … customers discounts. This article reviews cases of list price collusion in the USA and Europe, and it presents a theory of harm … suggesting that a combination of anchoring, orientation on reference points, and loss aversion may render list price collusion …

study the effects of NCMS on competition and collusion. The model encompasses both the case of a common owner holding shares … the sustainability of collusion under a greater variety of situations than was indicated by earlier literature. Such …

This article finds that non-controlling minority shareholdings among competitors lower the sustainability of collusion …. This is the case under an even greater variety of situations than was indicated by earlier literature. The collusion …

empirical methods used in the detection of cartels. -- Collusion ; Cartel Detection ; Cartel Formation ; Differential Evolution …

persistent shocks. The decision maker incurs opportunity costs of collusion and chooses the conduct of a firm in order to … costs and the discount factor collusion can be stable in no, one, or both states of the industry. When collusion is stable … persistent, collusion is stable in the bad state. -- cartel formation ; collusion ; concavity ; persistence …