Amelio, Andrea; Biancini, Sara - In: Journal of Industrial Economics 58 (2010) 2, pp. 402-423
<heading id="h1" level="1" implicit="yes" format="display">Abstract</heading> This paper considers the use of the alternating monopoly strategy (AMS) as a (tacit) collusion device. We show that firms may choose this strategy in particular environments, when other collusive strategies are also feasible. In particular, we stress how the presence of an observable...