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actions (positive reciprocity). We find that collusion is easier to sustain when firms have a concern for reciprocity towards …
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and cost asymmetry. A dynamic collusion game is constructed, and backward induction is employed to solve the subgame … downstream collusion when the cost asymmetry is large and network externalities are relatively weak. …
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We present an equilibrium model where the demand side of the market determines the strategic incentives of firms when considering the introduction of technologically superior products (TSPs) and the subsequent dynamic evolution of the market configuration. Market demand is built on conventional...
Persistent link: https://www.econbiz.de/10013448265
of application in separate markets in which a conspirator in the investigated market also engaged in collusion. The …
Persistent link: https://www.econbiz.de/10011435719
Distribution cartels in the automotive sector used to be frequently dismantled and sanctioned by the European Commission and the EU Courts still some 15 years ago. In recent years, however, only a few cases have been reported at the national level of EU Member States. Is it because the...
Persistent link: https://www.econbiz.de/10012817885
interpret information sharing as evidence of collusion. Recent contributions have looked at bilateral information sharing …
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