We investigate optimal collusion in repeated multimarket contact under imperfect public monitoring, where two firms operate in m markets and in each market, each firmʼs decision and public signals are binary. We show that in an optimal pure strategy strongly symmetric perfect public...

This paper investigates whether multimarket contact is effective in increasing the value of collusion. We show that for any discount rate, the set of equilibrium payoffs (average per market) expands through multimarket contact in continuous-time games.

It is widely accepted that farmer-based organizations are vital for empowering and improving small farmers’ access to markets. However, farmer-based organizations have not always been successful as it is the case with farmer companies in Sri Lanka. The purpose of this article is to...

Purpose This study adopts a three-component view of trust bases (cognition, affection and institution) and examines how these trust components function and interact during a business expansion in an unfamiliar foreign context. Design/methodology/approach A longitudinal case study of a Japanese...

This paper studies the role of a proposed seniority system in an organization. The organization consists of at least three overlapping generations of short-lived members and chooses either a shortsighted or a farsighted action in each period. This results in intergenerational conflicts of...

An explorative survey was carried out on rural and semi-urban households to find out the energy consumption pattern with respect to socio-demographic and geographic factors in Bangladesh by using stratified random sampling technique. The study revealed that 100% of the households used biomass,...