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monopolistic price can be sustained in a subgame perfect equilibrium. Thus, tacit collusion in the one shot game can be achieved …
Persistent link: https://www.econbiz.de/10008764905
bargaining power of the trade union and it has effort-enhancing and wage-moderating effects. We show that higher profit sharing … high benefit-replacement ratios and relative bargaining powers of trade unions. Conversely, profit sharing seems to be …
Persistent link: https://www.econbiz.de/10005761941
This research focuses on retail branding in France. A qualitative study aims at identifying which are the specific …
Persistent link: https://www.econbiz.de/10008792257
Explicit collusion is an agreement among competitors to suppress rivalry that relies on interfirm communication and …/or transfers. Rivalry between competitors erodes profits; the suppression of rivalry through collusion is one avenue by which firms … illegality of their agreements and incentives for deviation by their members. In The Economics of Collusion, Robert Marshall and …
Persistent link: https://www.econbiz.de/10010905559
We study optimal cartel prices in a two-sided market. We present a simple model showing that prices above the two …-sided monopoly price may prevail on one side of a two-sided market as a means to enhance the sustainability of the cartel. We prove …
Persistent link: https://www.econbiz.de/10010936552
the link between overt collusion and price dispersion. Formal theories and observation of cartel behavior suggest that …While there are suggestions in applied cartel studies that price dispersion changes when cartelization of a market …
Persistent link: https://www.econbiz.de/10005248358
Antitrust enforcement makes it difficult to test theories of cartel formation because most attempts to form cartels are … marketing orders and others have not. This paper develops and tests a positive theory of the adoption of marketing orders. The … theory suggests that growers in a region are more likely to adopt a marketing order if the demand for fresh produce is …
Persistent link: https://www.econbiz.de/10005200566
Persistent link: https://www.econbiz.de/10009327157
A bidding ring is a collection of bidders who collude in an auction in order to gain greater surplus by depressing competition. This entry describes some typical bidding rings and provides an introduction to the related theoretical and empirical literature.
Persistent link: https://www.econbiz.de/10009395646
analysis and investigates whether they operate efficiently. The CFD cartel-audit should enable the detection of cartels via … patterns. The CFD cartel-audit attempts to draw conclusions from these patterns in order to find hidden cartels and to engage …
Persistent link: https://www.econbiz.de/10009369550