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Individual contributions by infringing firms to the compensation of cartel victims must reflect their “relative … operationalize this norm is to apply the Shapley value to an equilibrium model of cartel prices. Because calibrating such a model is … describe which cartel configurations can(not) cause significant price increases in an approximate, dichotomous way; then …
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We consider a committee voting setup with two rounds of voting where committee members who possess private information about the state of the world have to make a binary decision. We investigate incentives for truthful revelation of their information in the first voting period. Coughlan (2000)...
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