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Oligopoly has been among the first topics in the experimental economics. Over half a century, some 150 papers have been … this evidence available. More than 100 of the papers lend themselves to calculating an index of collusion. The data bank …
Persistent link: https://www.econbiz.de/10014053957
is highest if only the competitor(s) is (are) loyal to the cartel. Yet collusion inflicts harm on the opposite market … we add beliefs as a control variable, we only find that externalities enhance cooperation, even if gains from collusion …
Persistent link: https://www.econbiz.de/10009021689
is highest if only the competitor(s) is (are) loyal to the cartel. Yet collusion inflicts harm on the opposite market … we add beliefs as a control variable, we only find that externalities enhance cooperation, even if gains from collusion …
Persistent link: https://www.econbiz.de/10010281843
expected. -- Oligopoly ; Collusion ; experiment ; Uncertainty ; negative externalities ; prisoner's dilemma … is highest if only the competitor(s) is (are) loyal to the cartel. Yet collusion inflicts harm on the opposite market … we add beliefs as a control variable, we only find that externalities enhance cooperation, even if gains from collusion …
Persistent link: https://www.econbiz.de/10008822475
has changed such that tacit collusion becomes disturbingly more likely. It seems that antitrust neglects the fact that … of higher or lower collusion has been tested. This paper standardises the evidence by way of a meta-study, and relates …
Persistent link: https://www.econbiz.de/10012728899
has changed such that "tacit collusion" or "coordinated effects" become disturbingly more likely. It seems that antitrust … conceivable determinant of higher or lower collusion has been tested. This paper standardises the evidence by way of a meta …
Persistent link: https://www.econbiz.de/10010483415
has changed such that "tacit collusion" or "coordinated effects" become disturbingly more likely. It seems that antitrust … conceivable determinant of higher or lower collusion has been tested. This paper standardises the evidence by way of a meta …
Persistent link: https://www.econbiz.de/10013027879
tacit collusion? Neither is evident once one has seen that the members of a cartel face a problem of strategic interaction … at the theoretical and at the experimental levels. The paper contrasts oligopoly theory with public goods theory, and … oligopoly experiments with public goods experiments. …
Persistent link: https://www.econbiz.de/10005272705
stay away from investment wars. Using the results from 107 published experiments on oligopoly, a meta-study shows that … clearing an R&D agreement can be beneficial since it removes the additional collusion incentive resulting from fear that … risk of collusion in the product market if products are substitutes, if capacity cannot immediately be extended, if market …
Persistent link: https://www.econbiz.de/10008779115
orientation. Individuals who are rivalistic in an allocation task indeed bid more aggressively in a laboratory oligopoly market …
Persistent link: https://www.econbiz.de/10009779217