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We present a Cournot model that compares the critical threshold of collusion in Duopoly and Oligopoly Markets where the … actors are private, mixed or public. We assume that the incentive critical threshold for collusion depends on the … values is consistent with our theoretical results. Our findings can be used by the decision makers to control collusion, by …
Persistent link: https://www.econbiz.de/10013086142
differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous … the market may have contradictory effects on the incentive of firms to collude: it can make collusion easier for bottom …
Persistent link: https://www.econbiz.de/10012954129
This paper explores the incentives for, and the effects of, collusion in prices between two-sided platforms. We … a single side of the market. Under two-sided collusion, prices on both sides are higher than competitive prices …-group externalities makes two-sided collusion at a given profit level harder to sustain, and reduces the harm from collusion suffered by …
Persistent link: https://www.econbiz.de/10012946078
This paper analyses a dynamic game of investment in Ramp;D or advertising, where current investments change future market conditions. It investigates whether underinvestment can be supported in equilibrium by the threat of escalation in investment outlays. When there are no spillovers, or there...
Persistent link: https://www.econbiz.de/10012771374
We augment the multi-market collusion model of Bernheim and Whinston (1990) by allowing for firm entry into, and exit … agreement: Collusion at the extensive margin whereby firms collude by avoiding entry into each other's markets or territories …. We characterise parameter values that sustain this type of collusion and identify the assumptions where this collusion is …
Persistent link: https://www.econbiz.de/10013053469
Persistent link: https://www.econbiz.de/10012586798
research in the areas of collusion and merger enforcement. Research relating to both collusion and mergers has made significant … advances in the last twenty years. With respect to collusion, this includes important theoretical and empirical work on the …
Persistent link: https://www.econbiz.de/10012616623
This paper analyzes price collusion in a repeated game with two submarkets; a standard and a premium quality segment … depends on the cost of producing quality. Moreover, given that there is a cartel, more collusion can be bene cial for society …
Persistent link: https://www.econbiz.de/10013251142
This paper analyzes price collusion in a repeated game with two submarkets; a standard and a premium quality segment … depends on the cost of producing quality. Moreover, given that there is a cartel, more collusion can be beneficial for society …
Persistent link: https://www.econbiz.de/10012306748