by the antitrust agency. We develop a dynamic model in which an incumbent cartel decides whether or not to voluntarily … dissolve the cartel based on the observed profit and the antitrust agency’s cartel deterrence index when there is leniency … cartel detection and prosecution across industries. Based on the market structure such as the concentration level, demand …

This paper focuses on the problems posed by the uniform price and market cream skimming in a context in which the … price elasticity of demand, the brand loyalty and the adoption of policies promoting competition in the long term versus …

of price and income elasticities for alcohol beverages. The analysis improves on previous meta-analyses by correcting for … exceeds the database used in previous reviews and meta-analyses. Results: For individual beverages, corrected price …. The average price and income elasticities are: beer, -0.30 and 0.50; wine, -0.45 and 1.00; and spirits, -0.55 and 1 …