A usual assumption in the theory of collusion is that cartels are all-inclusive. In contrast, most real-world collusive …, which firms are part of it. The second aim of the experiment is to study the coordinated effects of a merger when partial … after a merger. Our findings suggest that merger analysis that is based on the assumption that only full cartels forms …

of moves in the duopoly market. Our data indicate support for the theory of product bundling: with bundling and … simultaneous moves, the multi-product firm offers the predicted number of units. When the multi-product firm is the Stackelberg … theory bundling should not make a difference here. In sum, bundling works as a commitment device that enables the transfer of …

This paper provides experimental evidence on exit behavior of asymmetrically sized firms in a duopoly with declining …