entrant deviates from collusion, the incumbent can strengthen punishment suing the competitor for patent infringement …

entrant deviates from collusion, the incumbent can strengthen punishment suing the competitor for patent infringement …

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

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

agreements - lead to higher prices in a Bertrand oligopoly could be because of a selection effect: decision-makers who are …

collusion. It may even make it sustainable in all markets when otherwise it would not be sustainable in any. The effects of …

collusion. It may even make it sustainable in all markets when otherwise it would not be sustainable in any. The effects of …

Theoretical literature on collusion has focused on a specific formulation of payoff fluctuations, namely by demand … shocks, and showed that payoff fluctuations are bad for collusion. Introducing general payoff fluctuations, we show that (i …) payoff fluctuations may strictly reduce the minimum discount factor to sustain collusion and (ii) both mutual cooperation and …

-communication’ and a free-communication device. We find that the effect of communication on collusion is larger in duopoly than in … and crowds out the effect of myopic best response. Finally, in all treatments duopoly results in more collusion than … triopoly. -- Artefactual field experiment ; subject pools ; Cournot oligopoly ; managers ; cheap talk …