Prof. Xiaowei Cai Ph.D - In: Revista Tinerilor Economisti (The Young Economists Journal) 1 (2011) 17, pp. 150-161
settings. In the simultaneous game, the numerical results show that it becomes harder for the firms to sustain collusion, but … price is higher, and antitrust agency's budget allocation on cartel detection is smaller than in the simultaneous game. And …