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-stage cartel formation experiment where multiple ringleaders may emerge. Although theory predicts that cartels will always be …
Persistent link: https://www.econbiz.de/10010328002
-stage cartel formation experiment where multiple ringleaders may emerge. Although theory predicts that cartels will always be …
Persistent link: https://www.econbiz.de/10010228272
-stage cartel formation experiment where multiple ringleaders may emerge. Although theory predicts that cartels will always be …
Persistent link: https://www.econbiz.de/10010487743
-stage cartel formation experiment where multiple ringleaders may emerge. Although theory predicts that cartels will always be …
Persistent link: https://www.econbiz.de/10010956793
If a government auctions the right to market a good, continuity is likely to be of significant importance. In a …
Persistent link: https://www.econbiz.de/10011383054
If a government auctions the right to market a good, continuity is likely to be of significant importance. In a …
Persistent link: https://www.econbiz.de/10013130292
Using laboratory experiments, we compare the stability of bidding rings in the English auction and the first-price sealed-bid auction in a heterogeneous-value setting. In both a re-matching condition and a fixed-matching condition, we observe that biddings rings are more stable in the English...
Persistent link: https://www.econbiz.de/10011960510
to form cartels in Cournot markets. As in previous experiments, markets become very competitive when individualized …: Markets become less competitive and cartels become more stable when individualized information is available. We also observe … information is present, suggesting that firms have greater incentives to form cartels in that situation. …
Persistent link: https://www.econbiz.de/10010532614
An experiment is conducted were subjects interact repeatedly to examine the effect of a particular leniency program on cartel formation, cartel stability and cartel recidivism. The program leads to lower prices for three reasons. First, non-cooperators are more persistent in their behavior which...
Persistent link: https://www.econbiz.de/10011349188
may get fined by a cartel authority. We find that four-firm industries form cartels more often than duopolies because they …
Persistent link: https://www.econbiz.de/10010401724