This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply … functions on the spot market. A forward market can increase the range of discount factors which allow to sustain collusion. On … the contrary, collusion is destabilised when a potential deviator sells a significant amount forward. Results do not …

information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …

We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power …

probably no, at least with respect to labour actors (unions), which face several problems. There are thousands of unions in … very promising in order to foster a negotiated labour regulation. However, on average, those unions present a fragile … constituency, unions gather little resources to negotiate new forms of labour regulation. To overcome those problems, some …