) model where firms are heterogeneous in terms of production capacities and individual cartel decisions are endogenized. The …

communication. Using a repeated, asymmetric capacity constraint price game, we show that, in line with theory, a partial cartel is … sufficient to increase market prices for all firms. Moreover, we find that prices of cartel insiders and outsiders are not … necessarily on the same level what contradicts common theoretical predictions. This is because communication allows cartel members …

are at least slightly differentiated, it is beneficial for firms to cooperate at the R&D stage, and form a cartel at the …

The objective of this paper is to investigate the impact of R&D cooperation on cartel formation in the product market … the incentives to create a cartel in the product market. …

and higher costs. We examine Canada's alleged bread cartel and provide the first comprehensive analysis of hub …