increased potential for product market collusion. We consider all trajectories that are candidates for an optimal solution as … initial technologies, pursue innovations more quickly, and are less likely to abandon a technology. Product market collusion …

attention to duopoly markets, we find that market-level margins do not change when only one of the two stations adopts, but …

-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 …This study investigates the impact of pre-play communication on the outcomes in Cournot duopoly and triopoly …

empirical methods used in the detection of cartels. -- Collusion ; Cartel Detection ; Cartel Formation ; Differential Evolution …

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 …

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 … expected. -- Oligopoly ; Collusion ; experiment ; Uncertainty ; negative externalities ; prisoner's dilemma …

persistent shocks. The decision maker incurs opportunity costs of collusion and chooses the conduct of a firm in order to … costs and the discount factor collusion can be stable in no, one, or both states of the industry. When collusion is stable … persistent, collusion is stable in the bad state. -- cartel formation ; collusion ; concavity ; persistence …