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Multiemployer Bargaining and Monopoly : Labor-Management Collusion and a Partial Solution
Sanders, Anthony B. - 2011
Multiemployer collective bargaining relationships between unions and employer associations easily devolve into … legalized cartels. Once unions establish themselves as the bargaining representative for employers’ employees, the employers … unions happily serving as enforcement agents in the scheme. In return, unions receive a share of the increased oligopolistic …
Persistent link: https://www.econbiz.de/10014200477
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Choosing whether to compete : price and format competition with consumer confusion
Crosetto, Paolo; Gaudeul, Alexia - 2014
We run a market experiment where firms can choose not only their price but also whether to present comparable offers. They are faced with artificial demand from consumers who make mistakes when assessing the net value of products on the market. If some offers are comparable however, some...
Persistent link: https://www.econbiz.de/10010433911
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Collusive vertical relations
Bolatto, Stefano; Lambertini, Luca - 2017
We investigate the possibility for two vertically related firms to at least partially collude on the wholesale price over an in.nite horizon to mitigate or eliminate the e¤ects of double marginalisation, thereby avoiding contracts which might not be enforceable. We characterise alternative...
Persistent link: https://www.econbiz.de/10011674459
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Induced price leadership and (counter-)spying rivals' play under incomplete information
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2019
We analyze spying out a rival's price in a Bertrand market game with incomplete information. Spying transforms a simultaneous into a robust sequential moves game. We provide conditions for profitable espionage. The spied at firm may attempt to immunize against spying by delaying its pricing...
Persistent link: https://www.econbiz.de/10011962353
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Forward trading and collusion in supply functions
Wölfing, Nikolas - 2019
This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply … functions on the spot market. A forward market can increase the range of discount factors which allow to sustain collusion. On … the contrary, collusion is destabilised when a potential deviator sells a significant amount forward. Results do not …
Persistent link: https://www.econbiz.de/10011968922
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Patent protection and threat of litigation in oligopoly
Capuano, Carlo; Grassi, Iacopo - 2018
entrant deviates from collusion, the incumbent can strengthen punishment suing the competitor for patent infringement …
Persistent link: https://www.econbiz.de/10011818422
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Patent protection and threat of litigation in oligopoly
Capuano, Carlo; Grassi, Iacopo - 2018
entrant deviates from collusion, the incumbent can strengthen punishment suing the competitor for patent infringement …
Persistent link: https://www.econbiz.de/10011799562
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Cournot meets Bayes-Nash : A discontinuity in behavior in finitely repeated duopoly games
Argenton, Cédric; Ivanova-Stenzel, Radosveta; Müller, … - 2022
information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …
Persistent link: https://www.econbiz.de/10013295651
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Cournot meets Bayes-Nash : a discontinuity in behavior in finitely repeated duopoly games
Argenton, Cédric; Ivanova-Stenzel, Radosveta; Müller, … - 2023
information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …
Persistent link: https://www.econbiz.de/10014487322
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Price-fixing policy
Kaplow, Louis - 2018
reconciled with principles of oligopoly theory. This article (1) presents a fundamental reconceptualization of our understanding …
Persistent link: https://www.econbiz.de/10011810824