Showing 91 - 100 of 34,601
the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments … less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a … distance is small they hardly behave collusively when collusion harms a third party. …
Persistent link: https://www.econbiz.de/10012886259
Multiple Cournot oligopoly experiments found more collusive behavior in markets with fewer firms (Huck et al., 2004 … higher rates of aggregate collusion in markets with fewer firms are driven by the changes in incentives or focality rather … than purely the number of firms. These findings imply that antitrust policies aimed at preventing collusion should focus on …
Persistent link: https://www.econbiz.de/10012501283
policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …
Persistent link: https://www.econbiz.de/10014023495
show that unions may offer to firms the option to discriminate wages across such groups of employees and, by that, to …
Persistent link: https://www.econbiz.de/10004994370
We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency … is not true. Strong stability even reinforces this conflict. However, once unions settle wages such conflict disappears …
Persistent link: https://www.econbiz.de/10010312253
asymmetries in firms’ productivity and in unions’ risk aversion and/or bargaining power may generate various degrees of … of all the unions and (typically) the efficient firms has an incentive to establish wage bargaining centralization at the … confirmed by all firms and unions. However, if the sources of asymmetry “cancel out”, decentralized wage bargaining is sustained …
Persistent link: https://www.econbiz.de/10005040053
We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency … is not true. Strong stability even reinforces this conflict. However, once unions settle wages such conflict disappears …
Persistent link: https://www.econbiz.de/10005043051
We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency … is not true. Strong stability even reinforces this conflict. However, once unions settle wages such conflict disappears …
Persistent link: https://www.econbiz.de/10005423183
difference in average total outputs across data aggregation and information settings. However, we observe more collusion when …
Persistent link: https://www.econbiz.de/10010530643
We study an infinitely repeated oligopoly game in which firms compete on quantity and one of them is capacity … constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little …
Persistent link: https://www.econbiz.de/10013473721