the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments …

the literature in industrial economics neglects individuals’ incentives to form cartels. Although oligopoly experiments …

The literature on cartel stability sidelines antitrust policy, whereas the literature on antitrust policy tends to … neglect issues of cartel stability. This paper attempts to connect these two interrelated aspects in the context of an … augmented quantity leadership model. The cartel is the Stackelberg quantity leader and the fringe firms are in Cournot …

cartel, a group of competing fringe firms, and a welfare maximizing antitrust authority. In existing models of cartel … behavior, at least one of these actors is always missing. By contrast, the present paper's oligopoly model includes all three … actors. The cartel is the Stackelberg quantity leader and the fringe firms are in Cournot competition with respect to the …

cartelized industry. This paper endogenizes the process of cartel formation in a numeric simulation model where firms differ in … 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 …