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In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...
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differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous … the market may have contradictory effects on the incentive of firms to collude: it can make collusion easier for bottom …
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This paper analyzes price collusion in a repeated game with two submarkets; a standard and a premium quality segment … depends on the cost of producing quality. Moreover, given that there is a cartel, more collusion can be bene cial for society …
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This paper analyzes price collusion in a repeated game with two submarkets; a standard and a premium quality segment … depends on the cost of producing quality. Moreover, given that there is a cartel, more collusion can be beneficial for society …
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