Showing 5,091 - 5,100 of 5,136
This paper sheds new light on the role of communication for cartel formation. Using machine learning to evaluate free-form chat communication among firms in a laboratory experiment, we identify typical communication patterns for both explicit cartel formation and indirect attempts to collude...
Persistent link: https://www.econbiz.de/10013164725
Recent experimental simulations have shown that autonomous pricing algorithms are able to learn collusive behavior and … chose between different pricing rules. Our simulations show that when both firms use a learning algorithm, the outcome is …
Persistent link: https://www.econbiz.de/10013534374
that captures the moderators accelerating and inhibiting pricing structure and willingness to pay for parametric weather … interdependencies between pricing structure and willingness to pay for parametric weather risk mitigants. This study bridges this gap by … categorizes the extant literature into five focal areas: (1) weather analytics capability; (2) design, pricing, and testing; (3 …
Persistent link: https://www.econbiz.de/10014502820
A number of recent papers have proposed that a pattern of isolated winning bids may be associated with collusion. In contrast, others have suggested that bid clustering, especially of the two lowest bids, is indicative of collusion. In this paper, we present evidence from an actual procurement...
Persistent link: https://www.econbiz.de/10012299673
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Asymmetries in cross-price elasticities have been demonstrated by several empirical studies. In this paper we study from a theoretical stance how introducing asymmetry in the substitution effects influences the sustainability of collusion. We characterize the equilibrium of a linear Cournot...
Persistent link: https://www.econbiz.de/10011737876
This study analyses the impact of the Russian food and agricultural import ban on import of meat, the structural changes of trade pattern and reallocation of import flows of meat and meat products, and the price development in the import market and its impact on producers and consumers market...
Persistent link: https://www.econbiz.de/10011781160
Prices for the same flight change substantially depending on the time of purchase. This paper uses a unique dataset with round-the-clock posted fares to document significant within-day price variation. Labeling time-variation as discriminatory is difficult because the cost of an unsold airline...
Persistent link: https://www.econbiz.de/10011887923