Search Results - subject:"Price fixing."

Class actions and private antitrust litigation

Choi, Albert H.; Spier, Kathryn E. - In: American economic journal 14 (2022) 3, pp. 131-163

Persistent link: https://www.econbiz.de/10014228653

Loan Syndication Structures and Price Collusion

Cai, Jian - 2018

How does the organizational form of loan syndicates evolve and what are the effects on price collusion? We develop a novel measure of distance in lending expertise among syndicate lenders, and relate this novel measure to the organizational form of loan syndicates and loan pricing. Studying the...

Persistent link: https://www.econbiz.de/10012911030

Conspiracy against the public : an experiment on collusion

Johnsen, Åshild A.; Kvaløy, Ola - 2018

We study to what extent collusive behavior is affected by the awareness of negative externalities. Theories of outcome-based social preferences suggest that negative externalities make collusion harder to sustain than predicted by standard economic theory, while sociological theories of social...

Persistent link: https://www.econbiz.de/10011925886

Collusion and bargaining in asymmetric Cournot duopoly : an experiment

Fischer, Christian; Normann, Hans-Theo - 2018

In asymmetric dilemma games without side payments, players face involved cooperation and bargaining problems. The maximization of joint profits is implausible, players disagree on the collusive action, and the outcome is often inefficient. For the example of a Cournot duopoly with asymmetric...

Persistent link: https://www.econbiz.de/10011929323

Collusion and antitrust filings over the business cycle

Khan, Hashmat; Strathearn, Matthew - 2018

Persistent link: https://www.econbiz.de/10011951375

Let's lock them in : collusion under consumer switching costs

Fourberg, Niklas - 2018

Consumer switching costs cause the market demand of consumers who already bought a supplier's product to be less elastic while they simultaneously increase competition for new consumers. I study the effect of this twofold pricing incentive on firms' price setting behavior in a 2x2 factorial...

Persistent link: https://www.econbiz.de/10011892961

Pricing behavior in partial cartels

Odenkirchen, Johannes - 2018

We analyze the pricing behavior of firms when explicit partial cartels have formed in experimental markets through communication. Using a repeated, asymmetric capacity constraint price game, we show that, in line with theory, a partial cartel is sufficient to increase market prices for all...

Persistent link: https://www.econbiz.de/10011897162

Price-fixing policy

Kaplow, Louis - 2018

The prohibition against price fixing is competition law’s most important and least controversial provision. Yet there … is far less consensus than meets the eye on what constitutes price fixing, and prevalent understandings cannot be … of horizontal agreements, (2) develops a systematic analysis of price-fixing policy that focuses on its deterrence …

Persistent link: https://www.econbiz.de/10011810824

Collusion constrained equilibrium

Dutta, Rohan; Levine, David K.; Modica, Salvatore - In: Theoretical economics : TE ; an open access journal in … 13 (2018) 1, pp. 307-340

We study collusion within groups in noncooperative games. The primitives are the preferences of the players, their assignment to nonoverlapping groups, and the goals of the groups. Our notion of collusion is that a group coordinates the play of its members among different incentive compatible...

Persistent link: https://www.econbiz.de/10011855893

Debarment and collusion in procurement auctions

Cerrone, Claudia; Hermstrüwer, Yoan; Robalo, Pedro - 2018

This paper explores the impact of debarment as a deterrent of collusion in first-price procurement auctions. We develop a procurement auction model where bidders can form bidding rings, and derive the bidding and collusive behavior under no sanction, debarment and fines. The model's predictions...

Persistent link: https://www.econbiz.de/10011822812