Goppelsroeder, Marie - Volkswirtschaftliche Fakultät, … - 2009
In this paper we present an experiment in which we test the effects of sequential entry on the stability of collusion … makes collusion harder to sustain. In this study, we explore to what extent collusion can be upheld with exogenous entry … prior to entry. We find that collusion is indeed easier to sustain in the latter case than in groups starting large. We …