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Market Conduct in the U.S. Ready-to-Eat Cereal Industry

Reimer, Jeffrey J - In: Journal of Agricultural & Food Industrial Organization 2 (2004) 1

Product differentiation is well established as being the key source of the cereal industrys high price-cost margins. However, there is little consensus as to whether pricing collusion is also a source of profitability, and indeed, whether price even serves as a strategic variable in this...

Persistent link: https://www.econbiz.de/10014601260

Seitz und Stackelberg über das Oligopol / Seitz and Stackelberg on Oligopoly

Heertje, Arnold - In: Jahrbücher für Nationalökonomie und Statistik 218 (1999) 5-6, pp. 712-724

Summary This essay deals with the contribution of Seitz and Stackelberg on oligopoly. Stackelberg’s theory on price … of the sixties on oligopoly theory between Krelle, Ott, Heertje, Helmstädter und Seitz. He looks back from a game …. Stackelbergs Theorie der Preisführerschaft hat Seitz in seiner Dissertation aus dem Jahre 1965 aufgenommen. Der Autor gibt eine …

Persistent link: https://www.econbiz.de/10014608721

Conscious Parallelism by Fixed Relative Prices / Bewusstes Parallelverhalten durch eine Politik der festen Preisrelation

Erlei, Mathias - In: Jahrbücher für Nationalökonomie und Statistik 222 (2002) 2, pp. 186-209

Summary This paper is about conscious parallelism in a duopoly with differentiated products. Conscious parallelism is modelled by a “policy of fixed relative prices” (frp) i. e. starting from a competitive equilibrium both duopolists vary prices by the same percentage. This price increasing...

Persistent link: https://www.econbiz.de/10014608876

Preisanpassung im Oligopol: Wie aussagekräftig ist ein Zahlenbeispiel? / Price Adjustment in Oligopoly: How Powerful is an Example?

Luderer, Bernd; Zeh, Antje - In: Jahrbücher für Nationalökonomie und Statistik 223 (2003) 4, pp. 449-463

Zusammenfassung Der Preisanpassungsprozess im Oligopol wird untersucht. Unter recht allgemeinen Voraussetzungen an die …Summary The well-known oligopoly price problem is considered. Under rather general assumptions concerning the (linear …

Persistent link: https://www.econbiz.de/10014608947

On the incentive for price‐taking behavior

Huang, Weihong - In: Management Decision 40 (2002) 7, pp. 682-692

Price‐taking has long been mistakenly regarded as an inferior firm behavior in an imperfectly competitive market. This scenario is challenged when a “Naiver’s Paradox” is shown to exist in an oligopolic market where all firms produce the same product with the same technology (cost...

Persistent link: https://www.econbiz.de/10014932317

Reliability of Regulating Artificial Intelligence to Restrain Cartelization: A Libertarian Approach

Pedram, Matin - In: Asian Journal of Law and Economics 12 (2021) 2, pp. 149-169

Abstract Competition is building block of any successful economy, while a cartelized economy is against the common good of society. Nowadays, developing artificial intelligence (AI) and its plausibility to foster cartels persuade governments to revitalize their interference in the market and...

Persistent link: https://www.econbiz.de/10014585238

Sticky Prices, Coordination and Enforcement

Driscoll, John C; Ito, Harumi - In: Topics in Macroeconomics 3 (2003) 1

by punishing deviators. This is formally equivalent to modeling agents as a cartel playing a punishment game. We show …

Persistent link: https://www.econbiz.de/10014588354

Inefficiency of Collusion at English Auctions

Lopomo, Giuseppe; Marshall, Robert C.; Marx, Leslie M - In: The B.E. Journal of Theoretical Economics 5 (2005) 1

affect efficiency. In particular, any collusive mechanism that increases cartel members' expected payoffs relative to non …-cooperative play results in inefficiency either in the allocation among cartel members or in the allocation between cartel and non-cartel …

Persistent link: https://www.econbiz.de/10014589030

Institutional will – the organized crime remedy

Mazur, Robert - In: Journal of Money Laundering Control 15 (2012) 2, pp. 162-174

Purpose – The objective of this article is to examine the criminal conduct of convicted bankers and institutions for the purpose of identifying any measurable factor that can determine the degree of risk an organization faces from the threat of organized crime. Design/methodology/approach –...

Persistent link: https://www.econbiz.de/10014886286

Committing to Effective Aid : Why can't donors walk their talk?

Deutscher, Eckhard - In: Development Outreach 11 (2009) 1, pp. 6-10

Why has harmonization among donor-countries been elusive? The article discusses attempts by the DAC of the OECD to get donors aligned and sustain the alignment.

Persistent link: https://www.econbiz.de/10015360053