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Competition as a socially desirable dilemma theory vs. experimental evidence
Engel, Christoph - 2009
Cartels are inherently instable. Each cartelist is best off if it breaks the cartel, while the remaining firms remain … oligopoly as a linear public good. -- Cartel ; Oligopoly ; Bertrand ; Cournot ; Public Good ; Externality ; Experiment …
Persistent link: https://www.econbiz.de/10003877116
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Is voting for a cartel a sign of cooperativeness?
Gillet, Joris - In: Games 12 (2021) 2, pp. 1-10
This paper tests the hypothesis that a (partial) reason why cartels - collective but costly and non-binding price agreements - lead to higher prices in a Bertrand oligopoly could be because of a selection effect: decision-makers who are willing to form price agreements are more likely to be less...
Persistent link: https://www.econbiz.de/10012547790
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Agreeing on public goods or bads
Ansink, Erik; Weikard, Hans-Peter - 2023
Without regulation or agreement, public goods are underprovided and public bads are overprovided. Both problems are usually seen as flip sides of the same coin. In this paper we examine a situation where a public good is good for some agents but bad for others, and this preference is endogenous...
Persistent link: https://www.econbiz.de/10014380761
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Essays on moral norms, legal unbundling and franchise systems
Kranz, Sebastian - 2008
Persistent link: https://www.econbiz.de/10003782053
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Competition and cooperation in markets : the experimental case of a winner-take-all setting
Ottone, Stefania; Ponzano, Ferruccio - In: The journal of socio-economics 39 (2010) 2, pp. 163-170
Persistent link: https://www.econbiz.de/10009296006
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A Note on Collective Action, Cooperation, Collusion, and Voluntary Production of Public Goods
Wiśniewski, Jakub Bożydar - 2018
In this note I challenge the claim that if it is possible to successfully produce public goods on a voluntary, decentralized basis, it must also be possible on the same basis to create stable cartels capable of reaping monopoly gains and frustrating consumer sovereignty. My proposed solution is...
Persistent link: https://www.econbiz.de/10012935376
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An econometric analysis of voluntary contributions
Bardsley, Nicholas; Moffatt, Peter G. - 2000
Contributions to public goods simulated in economists' laboratoryexperiments have two peculiarities from the perspective ofstatistical modelling. There is a variety of contributor behaviours(Ledyard, 1995), suggestive perhaps of separate classes ofindividuals, and contributions are doubly...
Persistent link: https://www.econbiz.de/10011304377
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Chapter 1 Introduction
Hartley, Keith; Sandler, Todd - In: Handbook of defense economics : volume 1, (pp. 1-11). 1995
This chapter defines defense economics and indicates how it differs from other subfields of economics. The nature and topics of defense economics are presented. A brief history of the field is also reviewed. The current importance of defense economics in the post-cold war era is discussed....
Persistent link: https://www.econbiz.de/10014024430
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Compensatory public good provision by a private cartel
Schinkel, Maarten-Pieter; Toth, Lukas - 2019 - Revision: March 2020
environment, their agreements may be exempted from cartel law. To qualify, the public benefits must compensate consumers for … higher prices of the private good. We study the balancing involved in assessing a public interest-cartel in a public goods … Samuelson condition. The cartel will provide minimal public good for maximal overcharges. Nevertheless it is typically not …
Persistent link: https://www.econbiz.de/10012149732
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Media economics research : scope, value and significance
Doyle, Gillian - In: De Gruyter handbook of media economics, (pp. 13-25). 2024
Persistent link: https://www.econbiz.de/10014538804