Harrington, Joseph E.; Chang, Myong-Hun - In: Journal of the European Economic Association 7 (2009) 6, pp. 1400-1435
One of the primary challenges to measuring the impact of antitrust or competition policy on collusion is that the cartel population is unobservable; we observe only the population of discovered cartels. To address this challenge, a model of cartel creation and dissolution is developed to...