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Imperfect collusion in an asymmetric duopoly

Escrihuela-Villar, Marc; Gutiérrez-Hita, Carlos - In: Estudios de economía 45 (2018) 1, pp. 29-50

Using the coefficient of cooperation, we analyse the effect of cost asymmetries on collusive agreements when firms are able to coordinate on distinct output levels than the unrestricted joint profit maximization outcome. In this context, we first investigate the extent to which collusive...

Persistent link: https://www.econbiz.de/10011982484

Tacit collusion under fairness and reciprocity

İriş, Doruk; Santos-Pinto, Luís - In: Games 4 (2013) 1, pp. 50-65

This paper departs from the standard profit-maximizing model of firm behavior by assuming that firms are motivated in part by personal animosity–or respect–towards their competitors. A reciprocal firm responds to unkind behavior of rivals with unkind actions (negative reciprocity), while at...

Persistent link: https://www.econbiz.de/10009753710

Chapter 15 Antitrust

Kaplow, Louis; Shapiro, Carl - In: Handbook of law and economics : volume 2, (pp. 1073-1225). 2007

This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...

Persistent link: https://www.econbiz.de/10014023495

The gains and losses of collusion : an empirical research on the market behaviors of China's power enterprises

Gao, Ruize; Zhang, Zhenji; Li, Ang; Ran, Chang - In: Journal of industrial engineering and management : JIEM 8 (2015) 3, pp. 943-962

a lower network price. It is helpful to the development of the whole industry. However, once Cartel is formed, the price … long-time Cartel will reduce the market entrant in electricity generation. Market resources are centralized in the hands of … Cartel, causing a low effective competition in the market, which has passive effects on users. Implications: The empirical …

Persistent link: https://www.econbiz.de/10011914690

Switching costs and the extent of potential competition in Brazilian banking

Silva, Mariana O.; Lucinda, Cláudio Ribeiro - In: Economia : revista da ANPEC 18 (2017) 1, pp. 117-128

Switching costs are a leading cause of customer lock-in in banking, reducing the extent of competition and increasing market power in this industry. This paper tries to estimate these costs using a methodology that does not require customer microdata. The estimates obtained here-using bank...

Persistent link: https://www.econbiz.de/10011866317

Chapter 18 The Media and Advertising: A Tale of Two-Sided Markets

Anderson, Simon P.; Gabszewicz, Jean J. - In: Handbook of the economics of art and culture : volume 1, (pp. 567-614). 2006

Media industries are important drivers of popular culture. A large fraction of leisure time is devoted to radio, magazines, newspapers, the Internet, and television (the illustrative example henceforth). Most advertising expenditures are incurred for these media. They are also mainly supported...

Persistent link: https://www.econbiz.de/10014023811

Chapter 2. The Advertising-Financed Business Model in Two-Sided Media Markets

Anderson, Simon P.; Jullien, Bruno - 2015

This chapter focuses on the economic mechanisms at work in recent models of advertising finance in media markets developed around the concept of two-sided markets. The objective is to highlight new and original insights from this approach, and to clarify the conceptual aspects. The chapter first...

Persistent link: https://www.econbiz.de/10014025251

Tacit collusion and market concentration under network effects

Pal, Rupayan; Scrimitore, Marcella - In: Economics letters 145 (2016), pp. 266-269

Persistent link: https://www.econbiz.de/10011618862

Collusion at the extensive margin

Byford, Martin C.; Gans, Joshua - In: International journal of industrial organization 37 (2014), pp. 75-83

Persistent link: https://www.econbiz.de/10011292578

Industry structure and collusion with uniform yardstick competition : theory and experiments

Dijkstra, Peter T.; Haan, Marco; Mulder, Machiel - In: International journal of industrial organization 50 (2017), pp. 1-33

Persistent link: https://www.econbiz.de/10011820412

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