algorithmic pricing agents on markets will increase occurrences of tacit collusion by orders of magnitude, and well beyond the … scale on markets can lead to tacit collusion. While we do not deny the fact that smart pricing agents can enter into tacit … collusion and that regulators may be right to be vigilant, we find that there are several technological challenges in the …

We study the impact of tacit collusion on price dispersion in the U.S. airline industry. We find that tacit collusion …

effectiveness of free riding by the fringe; and it relaxes the cartel's internal incentive constraints. Our theory explains the …We study the optimal behaviour of a cartel faced with fringe competition and imperfectly attentive consumers …. Intertemporal price dispersion obfuscates consumer price comparison which aids the cartel through two channels: it reduces the …

How does the organizational form of loan syndicates evolve and what are the effects on price collusion? We develop a … with Hatfield et al. (2017), we find however that price collusion of concentrated syndicates only occurs during periods of … concentration affect price collusion …

We suggest a price signaling strategy that offers a microfoundation for the process leading to tacit collusion under … signaling can effectively mitigate the emergence of tacit collusion …

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 …