Escrihuela-Villar, Marc; Guillen, Jorge - In: Annals of Economics and Finance 12 (2011) 1, pp. 31-40
In this paper we investigate the connection between the number of competitors and the sustainability of collusion within the context of a infinitely repeated symmetric Cournot model where only a subset of firms cooperate. We show that, in our model, an increase in the number of cartel firms may...
