Showing 41 - 50 of 34,601
is highest if only the competitor(s) is (are) loyal to the cartel. Yet collusion inflicts harm on the opposite market … we add beliefs as a control variable, we only find that externalities enhance cooperation, even if gains from collusion …
Persistent link: https://www.econbiz.de/10010281843
to game-theoretic reasoning, our results show that collusion is significantly larger when the demand shrinks than when it … facilitates collusion and discourages deviation. …
Persistent link: https://www.econbiz.de/10010290541
-communication’ and a free-communication device. We find that the effect of communication on collusion is larger in duopoly than in … and crowds out the effect of myopic best response. Finally, in all treatments duopoly results in more collusion than … triopoly. -- Artefactual field experiment ; subject pools ; Cournot oligopoly ; managers ; cheap talk …
Persistent link: https://www.econbiz.de/10008696726
marginal costs and production technologies. The paper models the incentive to collude in a differentiated products Bertrand-oligopoly … empirical methods used in the detection of cartels. -- Collusion ; Cartel Detection ; Cartel Formation ; Differential Evolution …
Persistent link: https://www.econbiz.de/10003950512
This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the overall profitability of the two-tier structure while the...
Persistent link: https://www.econbiz.de/10003951516
stay away from investment wars. Using the results from 107 published experiments on oligopoly, a meta-study shows that … clearing an R&D agreement can be beneficial since it removes the additional collusion incentive resulting from fear that … risk of collusion in the product market if products are substitutes, if capacity cannot immediately be extended, if market …
Persistent link: https://www.econbiz.de/10008779115
expected. -- Oligopoly ; Collusion ; experiment ; Uncertainty ; negative externalities ; prisoner's dilemma … is highest if only the competitor(s) is (are) loyal to the cartel. Yet collusion inflicts harm on the opposite market … we add beliefs as a control variable, we only find that externalities enhance cooperation, even if gains from collusion …
Persistent link: https://www.econbiz.de/10008822475
This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the overall profitability of the two-tier structure while the...
Persistent link: https://www.econbiz.de/10010365845
In this paper, we tackle the dilemma of pruning versus proliferation in a vertically differentiated oligopoly under the …
Persistent link: https://www.econbiz.de/10011451580
are sufficiently high, trade liberalization facilitates collusion. Exactly the opposite is true if, for any given degree … of product substitutability, trade costs are sufficiently low. We also study the dependence of multimarket collusion on …
Persistent link: https://www.econbiz.de/10013113914