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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

Is the French Mobile Phone Cartel Really a Cartel?

de Mesnard, Louis - 2013

organizing a mobile phone cartel with stable market shares (one-half, one-third and one-sixth respectively) and for directly … cartel, BT was too small for it to be worth its while to join it; it is not necessary to exchange information directly to … assuming that the costs are kept the same when switching from Cournot competition to any form of cartel. We deduced that market …

Persistent link: https://www.econbiz.de/10014212678

R&D-Hindering Collusion

Bacchiega, Emanuele; Lambertini, Luca; Mantovani, Andrea - 2008

In an extended version of d'Aspremont and Jacquemin's (1988) R&D competition model we find a region where the game is a prisoner's dilemma: firms still invest in R&D but they would obtain a higher profit by not investing at all. In a repeated version of the game, we prove that firms implicitly...

Persistent link: https://www.econbiz.de/10014212777

Uncertainty, Information Sharing and Tacit Collusion in Laboratory Duopoly Markets

Cason, Timothy N.; Mason, Charles F. - 2000

This paper reports 45 laboratory duopoly markets that examine the importance of information sharing in facilitating tacit collusion under conditions of demand uncertainty. Sellers in these repeated laboratory markets generally shared information when possible to reduce their demand uncertainty,...

Persistent link: https://www.econbiz.de/10014213956

Uncertainty, Information Sharing and Tacit Collusion in Laboratory Duopoly Markets

Cason, Timothy N.; Mason, Charles F. - 2004

Persistent link: https://www.econbiz.de/10014213961

Collusion Through Price Ceilings? In Search of a Focal-Point Effect

Engelmann, Dirk; Müller, Wieland - 2009

With this study we resume the search for a collusive focal-point effect of price ceilings in laboratory markets. We argue that market conditions in previous studies were unfavorable for collusion which may have been responsible for not finding such a focal-point effect. Our design aims at...

Persistent link: https://www.econbiz.de/10014214028

Market Conduct in the U.S. Ready-to-Eat Cereal Industry

Connor, John M.; Reimer, Jeffrey J. - 2013

Product differentiation is well established as being the key source of the cereal industry's high price-cost margins. However, there is little consensus as to whether pricing collusion is also a source of profitability, and indeed, whether price even serves as a strategic variable in this...

Persistent link: https://www.econbiz.de/10014215451

Global Cartels Redux : The Amino Acid Lysine Antitrust Litigation (1996)

Connor, John M. - 2014

This paper presents an updated narrative of the history of the global lysine cartel and the legal consequences for its …

Persistent link: https://www.econbiz.de/10014216150

The United States Department of Justice Antitrust Division's Cartel Enforcement : Appraisal and Proposals

Connor, John M. - 2009

cartels. The number of cartel investigations has not risen appreciably. Moreover, the number of criminal Section 1 cases filed … annually fell. From 1995-99 to 2004-06 cartel cases filed fell by 49%. The number of corporations charged annually dropped … have grown. The total amount of cartel fines imposed is $4.2 billion. While an impressive amount, damages recouped by U …

Persistent link: https://www.econbiz.de/10014218279

Collusion and Research Joint Ventures

Miyagiwa, Kaz - 2015

We examine whether cooperation in R&D leads to product market collusion. Suppose that firms engage in a stochastic R&D race while maintaining the collusive equilibrium in a repeated-game framework. Innovation under competitive R&D creates inter-firm asymmetries, which destabilizes the collusive...

Persistent link: https://www.econbiz.de/10014221707