Showing 1 - 10 of 2,545
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
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
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
define their objective functions. Our analysis focuses on the bearings of CSR on collusion over an infinite horizon … surplus has a pro-competitive effect under both full and partial collusion. Conversely, a higher impact of productivity on … pollution has an anti-competitive effect under partial collusion, while exerting no effect under full collusion. Under partial …
Persistent link: https://www.econbiz.de/10011737085
, collusion. …
Persistent link: https://www.econbiz.de/10011346282
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
constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little …
Persistent link: https://www.econbiz.de/10013473721
Do we have effective competition between the gasoline's big five oligopolists (Aral, Shell, Esso, Total and Jet) and fringe gasoline stations? Using 2014 Market Transparency price data from 66 cities with populations between 60,000 and 100,000, we analyze which brands lead price increases, the...
Persistent link: https://www.econbiz.de/10011487769
increased potential for product market collusion. We consider all trajectories that are candidates for an optimal solution as … initial technologies, pursue innovations more quickly, and are less likely to abandon a technology. Product market collusion …
Persistent link: https://www.econbiz.de/10011520481
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the assumption that some firms collude and control both the range of variants for sale and their corresponding prices, likewise a multiproduct firm. We analyse whether pruning...
Persistent link: https://www.econbiz.de/10011451580