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 …

from a theoretical stance how introducing asymmetry in the substitution effects influences the sustainability of collusion … which are asymmetric in magnitude. Within this framework, we study partial collusion using Friedman (1971) solution concept …. Our main result shows that the interval of quantities supporting collusion in the asymmetric setting is always smaller …

firm behaviour, which could also facilitate collusion. In other words, it is difficult to argue whether coordination is due …

punishment. Collusion is thus more difficult, the closer firms cooperate in manufacturing. Moreover, given competition or … collusion in the market, joint production yields the highest profit and welfare. …