Cartelists operate in an uncertain environment, facing market demand uncertainty and the possibility of being detected 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...

The goal of this work is to analyze whether certain resources related to human, social and financial capital influence the speed of the export development process of family firms. We use event history analysis applied to a sample of Spanish manufacturing family firms. The results show that only...

This paper replicates two spatial monopoly models by Takayama and Judge. The first one is a simple spatial monopoly model. The second model allows the activity of arbitrage between any pains of consumption regions if the price differential exceeds the corresponding unit transportation cost. With...