differentiated markets. I firstly review some classical literature on collusion between two firms producing goods of exogenous … the market may have contradictory effects on the incentive of firms to collude: it can make collusion easier for bottom …

restraints in bilateral duopoly. When suppliers offer menus of contracts and inputs are sufficiently differentiated, there exist …

first investigate the extent to which collusive agreements are feasible. Secondly, we focus on collusion sustainability in … an infinitely repeated game. We show that, regardless of the degree of cost asymmetry, at least some collusion is always … sustainable. Finally, the degree of collusion is also endogeneised to show that cooperation has an upper bound determined by the …

We investigate asymmetric price transmission (APT) in laboratory experiments and find that imperfect tacit collusion is …

impede downstream collusion. The main driver of our finding is that a passive backward acquisition secures an acquirer from … zero continuation profits after a breakdown of collusion. This anti-collusive effect cannot be outweighed by a lower …

first investigate the extent to which collusive agreements are feasible. Secondly, we focus on collusion sustainability in … an infinitely repeated game. We show that, regardless of the degree of cost asymmetry, at least some collusion is always … sustainable. Finally, the degree of collusion is also endogeneised to show that cooperation has an upper bound determined by the …

equilibrium) in a differentiated duopoly with process innovation. One of the important features in this paper is that spillovers … four separate organization setups (Full Competition, Semi-collusion in Production, Semi-collusion in R&D and Full Collusion … possible that firms in the Full Collusion regime produce most and generate the highest level of social welfare. …

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 …