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Andersson, Ola - 2006

-offer bargaining game. The selected equilibrium has several appealing features: First, it is efficient in the sense that it entails …

Persistent link: https://www.econbiz.de/10013208505

Communication, Renegotiation, and the Scope for Collusion

Cooper, David J.; Kuhn, Kai-Uwe - 2009

We use experiments to analyze what type of communication is most effective in achieving cooperation in a simple collusion game. Consistent with the existing literature on communication and collusion, even minimal communication leads to a short run increase in collusion. However, in a limited...

Persistent link: https://www.econbiz.de/10014201287

On the Role of Patience in Collusive Bertrand Duopolies

Andersson, Ola - 2011

This paper analyzes the role of patience in a repeated Bertrand duopoly where firms bargain over which collusive price and market share to implement. It is shown that the least patient firm's market share is not monotone in its own discount factor

Persistent link: https://www.econbiz.de/10014178725

Rummaging Through the Bottom of Pandora’s Box : Funding Predatory Pricing Through Contemporaneous Recoupment

Ledgerwood, Shaun D.; Heath, Wesley J. - 2012

Predatory pricing doctrine is currently a dead area of the law. To proceed beyond summary judgment, a plaintiff must prove the predation created a “dangerous probability” of supracompetitive pricing as the mechanism for recouping the losses “invested” in the predation. This requires...

Persistent link: https://www.econbiz.de/10014179000

Search frictions and market power in negotiated price markets

Allen, Jason; Clark, Robert; Houde, Jean-Francois - 2018 - This version: March 12, 2018

We provide a framework for empirical analysis of negotiated-price markets. Using mortgage market data and a search and negotiation model, we characterize the welfare impact of search frictions and quantify the role of search costs and brand loyalty for market power. Search frictions reduce...

Persistent link: https://www.econbiz.de/10011809443

Search frictions and market power in negotiated price markets

Allen, Jason; Clark, Robert; Houde, Jean-Francois - 2018

Persistent link: https://www.econbiz.de/10011939454

Multiemployer Bargaining and Monopoly : Labor-Management Collusion and a Partial Solution

Sanders, Anthony B. - 2011

Multiemployer collective bargaining relationships between unions and employer associations easily devolve into … legalized cartels. Once unions establish themselves as the bargaining representative for employers’ employees, the employers … employer. It outlines how unions and (especially) associations work to thwart such an employer from bargaining directly with a …

Persistent link: https://www.econbiz.de/10014200477