Bulutay, Muhammed; Hales, David; Julius, Patrick; … - 2021
We investigate the role tacit collusion plays in Asymmetric Price Transmission (APT), the tendency of prices to respond … collusion, we observe APT pricing behavior in markets with 3, 4, 6, and 10 sellers, but not in duopolies. Furthermore, we find … tacit collusion plays a central role in APT. …