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reconciled with principles of oligopoly theory. This article (1) presents a fundamental reconceptualization of our understanding …
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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. …
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small firm induces a partial conspiracy that is Pareto-dominant. Implications for cartel identification and enforcement are … constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little … incentive to deviate from a cartel. We also present conditions for the emergence of a partial cartel, with the capacity …
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