Zu, Lei; Zhang, Jin; Wang, Shouyang - In: International Journal of Industrial Organization 30 (2012) 2, pp. 217-222
In this paper, we revisit the size of stable cartels in a symmetric oligopoly model with a Cournot fringe. Konishi and Lin (1999) make a conjecture on the size of stable cartels. Due to algebra complexity, they test the conjecture by conducting numerical simulations. We provide an analytical...