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Market Sharing Agreements and Collusive Networks
Belleflamme, Paul; Bloch, Francis - School of Economics and Finance, Queen Mary - 2001
auctions. The set of market sharing agreements defines a collusive network, and the paper provides a complete characterization …
Persistent link: https://www.econbiz.de/10005101771
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How communication makes the difference between a cartel and tacit collusion : a machine learning approach
Andres, Maximilian; Bruttel, Lisa Verena; Friedrichsen, Jana - 2022
sanctions on communication reinforces the direct cartel-deterring effect of sanctions as collusion is more difficult to reach …
Persistent link: https://www.econbiz.de/10013164725
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Induced price leadership and (counter-)spying rivals' play under incomplete information
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2019
We analyze spying out a rival's price in a Bertrand market game with incomplete information. Spying transforms a simultaneous into a robust sequential moves game. We provide conditions for profitable espionage. The spied at firm may attempt to immunize against spying by delaying its pricing...
Persistent link: https://www.econbiz.de/10011962353
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Hybrid collusion : algorithmic pricing in human-computer laboratory markets
Normann, Hans-Theo; Sternberg, Martin - 2021
degree of (tacit) collusion when exclusively humans interact to the case of one firm in the market delegating its decisions …)certainty about the actual presence of an algorithm does not significantly affect collusion. …
Persistent link: https://www.econbiz.de/10012509134
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Chapter 15 Antitrust
Kaplow, Louis; Shapiro, Carl - In: Handbook of law and economics : volume 2, (pp. 1073-1225). 2007
policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …
Persistent link: https://www.econbiz.de/10014023495
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Collusion sustainability with a capacity constrained firm
Madio, Leonardo; Pignataro, Aldo - 2022
constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little …
Persistent link: https://www.econbiz.de/10013473721
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How communication makes the difference between a cartel and tacit collusion : a machine learning approach
Andres, Maximilian; Bruttel, Lisa Verena; Friedrichsen, Jana - 2022
sanctions on communication reinforces the direct cartel-deterring effect of sanctions as collusion is more difficult to reach …
Persistent link: https://www.econbiz.de/10013418834
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Efficiency and bid rigging in simultaneous procurement auctions under oligopoly
Hazak, Aaro; Kerikmäe, Tanel; Pärn-Lee, Evelin - In: International journal of procurement management 13 (2020) 2, pp. 199-213
Persistent link: https://www.econbiz.de/10012206284
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Optimal bid disclosure in license auctions with downstream interaction
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2014
The literature on license auctions for process innovations in oligopoly assumed that the auctioneer reveals the winning …, partial, and no disclosure of bids, which correspond to standard auctions. We show that more information disclosure increases …
Persistent link: https://www.econbiz.de/10010378352
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An experimental contribution to the revision of the guidelines on research and development agreements
Engel, Christoph - 2010
clearing an R&D agreement can be beneficial since it removes the additional collusion incentive resulting from fear that … risk of collusion in the product market if products are substitutes, if capacity cannot immediately be extended, if market …
Persistent link: https://www.econbiz.de/10008779115