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Influencer marketing is a large and growing but mostly unregulated industry. We document the existence and study cartels of influencers. Using a novel dataset of Instagram influencer cartels, we confirm that the cartels increase engagement as intended. But we also show that engagement from...
Persistent link: https://www.econbiz.de/10013241421
significantly faster. Collusion disappears in wide oligopolies with up to 10 firms but increases with a reformulated state … representation. Contrary, heterogeneity among pricing algorithms hinders collusion …
Persistent link: https://www.econbiz.de/10013241445
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/10013241730
When the 1968 Merger Guidelines were drafted, both the economics and antitrust literatures addressed how competition could be softened when oligopolists anticipated the natural and predictable responses of their rivals to their competitive moves, such as price cuts or output expansion. But when...
Persistent link: https://www.econbiz.de/10013241837
main features of cartel collusion at the auction are highlighted. The analysis of the practice of state and municipal … purchases carried out by the authors will allow to identify and reveal models of interaction of participants in cartel collusion … for preliminary and ongoing monitoring of the formation and maintenance of cartel collusion within the framework of state …
Persistent link: https://www.econbiz.de/10013243007
The study presents a survey of research results on the development of cartel collusion indicators in the framework of … factors affecting the behavior of bidders. Methods and tools for identifying and preventing cartel collusion by participants …
Persistent link: https://www.econbiz.de/10013243008
first investigate the extent to which collusive agreements are feasible. Secondly, we focus on collusion sustainability in … an infinitely repeated game. We show that, regardless of the degree of cost asymmetry, at least some collusion is always … sustainable. Finally, the degree of collusion is also endogeneised to show that cooperation has an upper bound determined by the …
Persistent link: https://www.econbiz.de/10013243009
It has been shown that manufacturers can employ vertical practices and restraints to prevent entry in markets where upstream entrants require downstream accommodation. I show that if downstream product investment is important and encouraged by the restraint, foreclosing entry this way may not be...
Persistent link: https://www.econbiz.de/10013243036
This article examines the economic consequences of collusion in both the output market and one of the input markets. It … examines the results of sequential collusion, which leads to complications and inconsistencies in measuring antitrust damages …. It also examines simultaneous collusion in both the input and output markets. Ultimately, the profit maximizing …
Persistent link: https://www.econbiz.de/10013243188
Owing to the extensive harm that cartels could potentially cause and create to the economies at national and international levels as well as to the consumers, they become concerns that need to be addressed extensively in relation to the interest of the public. There are multiple factors that...
Persistent link: https://www.econbiz.de/10013243589