between different markets. This paper shows that collusion in such industries leads firms to shift output from high …

corresponding increased potential for product market collusion. We consider all trajectories that are candidates for an optimal … collusion could thus yield higher total surplus. …

corresponding increased potential for product market collusion. We consider all trajectories that are candidates for an optimal … collusion could thus yield higher total surplus. …

is highest if only the competitor(s) is (are) loyal to the cartel. Yet collusion inflicts harm on the opposite market … we add beliefs as a control variable, we only find that externalities enhance cooperation, even if gains from collusion …

This article analyzes tacit collusion in infinitely repeated multiunit uniform price auctions in a symmetric …-quantity pair, perfect collusion with equal sharing of profit is easier to sustain in the uniform price auction than in the … collusion is attained with simple price-quantity strategies exhibiting capacity withholding. …

The paper develops a simple supergame model of collusion that focuses on the role of fixed (exogenous to game played … collusion based on market price behavior. Following conclusions of the theoretical model we propose marker of collusion based on … detecting changes in seasonal parameters of prices in periods of possible collusion. An empirical application of method has been …

input assumption it was found that collusion in the labor market and collusion in the product market have exactly the same …

punishment. Collusion is thus more difficult, the closer firms cooperate in manufacturing. Moreover, given competition or … collusion in the market, joint production yields the highest profit and welfare. …