from a theoretical stance how introducing asymmetry in the substitution effects influences the sustainability of collusion …. We characterize the equilibrium of a linear Cournot duopoly with substitute goods, and consider substitution effects … which are asymmetric in magnitude. Within this framework, we study partial collusion using Friedman (1971) solution concept …

information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our …

information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our …

and cost asymmetry. A dynamic collusion game is constructed, and backward induction is employed to solve the subgame … downstream collusion when the cost asymmetry is large and network externalities are relatively weak. …

Two suppliers of a homogenous good know that, in the second period, they will be able to collude. Gains from collusion … innovation. Innovation changes the status quo pay-off, and thereby affects the distribution of the gains from collusion. The …

We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a …’ discount factor has to be higher in order to sustain collusion in grim-trigger strategies under price discrimination than under …

stakes of collusion. On the other hand, it creates an asymmetry between the integrated firm and the unintegrated competitors … cooperative equilibrium, which potentially harms collusion. As we show, the optimal collusive profit-sharing agreement takes care … the asymmetries in the non cooperative state. As a result, vertical integration generally favors collusion. …