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This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply … functions on the spot market. A forward market can increase the range of discount factors which allow to sustain collusion. On … the contrary, collusion is destabilised when a potential deviator sells a significant amount forward. Results do not …
Persistent link: https://www.econbiz.de/10011968922
entrant deviates from collusion, the incumbent can strengthen punishment suing the competitor for patent infringement …
Persistent link: https://www.econbiz.de/10011818422
entrant deviates from collusion, the incumbent can strengthen punishment suing the competitor for patent infringement …
Persistent link: https://www.econbiz.de/10011799562
information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …
Persistent link: https://www.econbiz.de/10013295651
information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …
Persistent link: https://www.econbiz.de/10014487322
reconciled with principles of oligopoly theory. This article (1) presents a fundamental reconceptualization of our understanding …
Persistent link: https://www.econbiz.de/10011810824
' collusion are analyzed. The consequences on national welfare levels of both unions and firms' strategic behavior are also …This paper deals with firms' decision related to international activities in a twocountry oligopoly model with a … strategies in labor markets, giving rise to different productive structures in equilibrium. Scopes and incentives for unions …
Persistent link: https://www.econbiz.de/10011347041
may remove all managers' short-run gains from deviation making collusion supportable at any discount factor. The results …
Persistent link: https://www.econbiz.de/10011608499
We run a market experiment where firms can choose not only their price but also whether to present comparable offers. They are faced with artificial demand from consumers who make mistakes when assessing the net value of products on the market. If some offers are comparable however, some...
Persistent link: https://www.econbiz.de/10010500154
dimension of the fringe such that collusion is a Nash equilibrium of the static game. …
Persistent link: https://www.econbiz.de/10010312265