Showing 51 - 60 of 20,765
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
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 … expected. -- Oligopoly ; Collusion ; experiment ; Uncertainty ; negative externalities ; prisoner's dilemma …
Persistent link: https://www.econbiz.de/10008822475
Persistent link: https://www.econbiz.de/10003923624
; Collusion ; Entry deterrence …
Persistent link: https://www.econbiz.de/10009380269
We experimentally study the effect of information about competitors ́actions on cartel stability and firms ́incentives to form cartels in Cournot markets. As in previous experiments, markets become very competitive when individualized information is available and participants cannot...
Persistent link: https://www.econbiz.de/10010532614
persistent shocks. The decision maker incurs opportunity costs of collusion and chooses the conduct of a firm in order to … costs and the discount factor collusion can be stable in no, one, or both states of the industry. When collusion is stable … persistent, collusion is stable in the bad state. -- cartel formation ; collusion ; concavity ; persistence …
Persistent link: https://www.econbiz.de/10009746940
Do we have effective competition between the gasoline's big five oligopolists (Aral, Shell, Esso, Total and Jet) and fringe gasoline stations? Using 2014 Market Transparency price data from 66 cities with populations between 60,000 and 100,000, we analyze which brands lead price increases, the...
Persistent link: https://www.econbiz.de/10011487769
increased potential for product market collusion. We consider all trajectories that are candidates for an optimal solution as … initial technologies, pursue innovations more quickly, and are less likely to abandon a technology. Product market collusion …
Persistent link: https://www.econbiz.de/10011520481
critical discount factor required to sustain collusion. This result is shown to hold for Cournot oligopoly as well as for … Bertrand oligopoly when collusion is sustained with Nash-reversion strategies or optimal-punishment strategies. In a Cournot …
Persistent link: https://www.econbiz.de/10010406210
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