Byford, Martin C.; Gans, Joshua S. - In: International Journal of Industrial Organization 37 (2014) C, pp. 75-83
We augment the multi-market collusion model of Bernheim and Whinston (1990) by allowing for firm entry into, and exit … agreement: Collusion at the extensive margin whereby firms collude by avoiding entry into each other's markets or territories …. We characterise parameter values that sustain this type of collusion and identify the assumptions where this collusion is …