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Policy innovations, political preferences, and cartel prosecutions
Ghosal, Vivek; Sokol, D. Daniel - 2015
, collusion. …
Persistent link: https://www.econbiz.de/10011346282
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Endogenous information disclosure in experimental oligopolies
Kopányi, Dávid; Kopányi-Peuker, Anita - 2015
difference in average total outputs across data aggregation and information settings. However, we observe more collusion when …
Persistent link: https://www.econbiz.de/10010530643
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Tacit collusion under fairness and reciprocity
İriş, Doruk; Santos-Pinto, Luís - In: Games 4 (2013) 1, pp. 50-65
actions (positive reciprocity). We find that collusion is easier to sustain when firms have a concern for reciprocity towards …
Persistent link: https://www.econbiz.de/10009753710
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Fighting collusion by permitting price discrimination
Helfrich, Magdalena; Herweg, Fabian - 2016
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
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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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Collusion by algorithm: the role of unobserved actions
Martin, Simon; Rasch, Alexander - 2022
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
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Gender and collusion
Haucap, Justus; Heldman, Christina; Rau, Holger A. - 2022
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
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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