-shot competitive interactions, like Bertrand oligopolies and first-price auctions, where no collusion would be supportable otherwise … reduce or at best cancel sanctions for price-fixing firms that self-report -- may make collusion enforceable even in one …

This paper contributes to the study of tacit collusion by analyzing infinitely repeated multiunit uniform price … auctions in a symmetric oligopoly with capacity constrained firms. Under both the Market Clearing and Maximum Accepted Price … number of steps, maximal collusion is attained with simple price-quantity strategies exhibiting capacity withholding. …

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. …

policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …

constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little …

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 …

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. …

This paper shows that obligations from debt hinder tacit collusion if equity owners are protected by limited liability …