are doing in others. In this case multimarket contact always facilitates collusion, and may make it sustainable in all …

collusion. It may even make it sustainable in all markets when otherwise it would not be sustainable in any. The effects of …

collusion. It may even make it sustainable in all markets when otherwise it would not be sustainable in any. The effects of …

We study the relationship between collusion and corruption in a stylized model of repeated procurement where the cost … suppliers alleviates free-riding in reporting. However, it also facilitates collusion in bidding by increasing the value of the … collusive rent. In turn, bidding collusion facilitates cooperation in reporting by increasing the value of having honest …

may remove all managers' short-run gains from deviation making collusion supportable at any discount factor. The results …

incentives - "low-powered" schemes with monetary bonuses and/or incumbency rents - make collusion supportable at any discount …

termination threats make collusion supportable at any discount factor, independent of contracts’ duration. When managers have …