Correia-da-Silva, João; Pinho, Joana; Vasconcelos, Hélder - Faculdade de Economia, Universidade do Porto - 2014
This paper proposes a general framework to study the sustainability of collusion in markets where demand growth (although deterministic) is not restricted to occur at a constant rate and may trigger future entry. It is shown that, typically, entry occurs later along the collusive path than along...