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Although the pricing dynamics of hardcore cartels have been studied intensively from a theoretical perspective … increase profits. Our results have important implications for both the design of screening tools to detect cartels as part of …
Persistent link: https://www.econbiz.de/10010307841
with an elevated risk of cartelization. We argue that customers of hard core cartels can have both incentives and … endeavour to fight hard core cartels. …
Persistent link: https://www.econbiz.de/10010307848
We use consumer panel data to calculate the damage suffered by German consumers due to a detergent cartel that was active between 2002 and 2005 in eight European countries. Applying before-and-after and difference-in-differences estimations we find average overcharges between 6.7 and 6.9 percent...
Persistent link: https://www.econbiz.de/10010128730
Integrating economic experiments into household surveys provides unique possibilities. We introduce the German Socio …
Persistent link: https://www.econbiz.de/10013166791
We examine the relation between consumer search and equilibrium prices when collusion is endogenously determined. We …
Persistent link: https://www.econbiz.de/10012007152
Persistent link: https://www.econbiz.de/10011722304
qualitative analysis remains inconclusive, as some factors tend to favour collusion while others make collusion more difficult to …
Persistent link: https://www.econbiz.de/10008667016
Patent holders frequently attempt to mitigate the loss of monopoly power by authorizing generic entry prior to patent expiry (early entry). Competition in off-patent pharmaceutical markets may be adversely affected if early entry substantially impairs the attractiveness of subsequent market...
Persistent link: https://www.econbiz.de/10003964934
Patent holders attempt to mitigate the loss of monopoly power by authorizing generic entry prior to patent expiry (early entry). Off-patent competition may be adversely affected if early entry substantially lowers the attractiveness of subsequent generic entry. This study assesses the impact of...
Persistent link: https://www.econbiz.de/10008939409
A challenge for many cartels is avoiding a destabilizing increase in non-cartel supply in response to having raised …
Persistent link: https://www.econbiz.de/10011443774