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, collusion. …
Persistent link: https://www.econbiz.de/10011346282
We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a …' discount factor has to be higher in order to sustain collusion in grim-trigger strategies under price discrimination than under …
Persistent link: https://www.econbiz.de/10011434582
We analyze the effects of better algorithmic demand forecasting on collusive profits. We show that the comparative statics crucially depend on the whether actions are observable. Thus, the optimal antitrust policy needs to take into account the institutional settings of the industry in question....
Persistent link: https://www.econbiz.de/10013093034
less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a … distance is small they hardly behave collusively when collusion harms a third party. …
Persistent link: https://www.econbiz.de/10012938866
policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …
Persistent link: https://www.econbiz.de/10014023495
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
define their objective functions. Our analysis focuses on the bearings of CSR on collusion over an infinite horizon … surplus has a pro-competitive effect under both full and partial collusion. Conversely, a higher impact of productivity on … pollution has an anti-competitive effect under partial collusion, while exerting no effect under full collusion. Under partial …
Persistent link: https://www.econbiz.de/10011737085
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. …
Persistent link: https://www.econbiz.de/10010305043
Dieser Beitrag zeigt, dass aktienkursabhängige Entlohnung bei korrelierter Nachfrageentwicklung die Neigung der Manager erhöht, eine implizite Preisabsprache einzuhalten. Die geringeren Gewinne in der Strafphase führen bereits in der Ausbruchsperiode zu einem niedrigeren Aktienkurs und damit...
Persistent link: https://www.econbiz.de/10010305065
This paper shows that obligations from debt hinder tacit collusion if equity owners are protected by limited liability …
Persistent link: https://www.econbiz.de/10010305086