of voluntary collusion (Cowen 1992, Cowen and Sutter 1999). Playing off this asymmetry, Cowen (1992) advances the novel … argument that the “free market in defense services” favored by anarcho-capitalists is a network industry where collusion is … analysis. Furthermore, libertarians’ joint beliefs on public goods and collusion are, contrary to Cowen and Sutter (1999 …

We study spillover effects within co-offending networks by leveraging deaths of co-offenders for causal identification …

with R&D investments and prices in a differentiated consumer market. Buyers form firm-specific networks which can be …-specific networks and R&D investments, respectively. Asymmetry in product qualities brings out network effects that cancel out in …

information. We show that if signals are i.i.d., then pairwise stable networks of sharing agreements are either empty or made of …

stable networks for the general linear quadratic game. For the case of correlated signals, we study pair-wise stable networks …

We model networks of relational (or implicit) contracts, exploring how sanctioning power and equilibrium conditions … larger networks. …

interpret information sharing as evidence of collusion. Recent contributions have looked at bilateral information sharing …

. We examine the incentive of firms to form links and the architectures of the resulting equilibrium networks in this … setting. We also present some results on efficient networks …