information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …

information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …

depend on how they are doing in others. Then, multimarket contact always facilitates collusion. It may even make it …-game contact’ is shown to facilitate cooperation in non-oligopolistic supergames as long as agents’ objectives function is …

are doing in others. In this case multimarket contact always facilitates collusion, and may make it sustainable in all …

) payoff fluctuations may strictly reduce the minimum discount factor to sustain collusion and (ii) both mutual cooperation and …Theoretical literature on collusion has focused on a specific formulation of payoff fluctuations, namely by demand … shocks, and showed that payoff fluctuations are bad for collusion. Introducing general payoff fluctuations, we show that (i …

information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …

We systematically investigate the relationship between the number of firms in a market and tacit collusion by means of … a meta-analysis of the literature on oligopoly experiments as well as two of our own experiments with a total of 368 … participants. We show that the degree of tacit collusion decreases strictly with the number of competitors in industries with two …

We investigate asymmetric price transmission (APT) in laboratory experiments and find that imperfect tacit collusion is …

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 message-space treatment where subjects cannot communicate contingent …