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collusion. It allows an upstream cartel to shield itself from private damage claims by forwarding a share of cartel profits to …
Persistent link: https://www.econbiz.de/10011343268
Problem definition: Outsourcing is a common operations strategy nowadays, but it may lead to an unintended consequence of supplier copycatting. When outsourcing, there is some subtle information that the manufacturer knows but is optional for the supplier to carry out the production task, such...
Persistent link: https://www.econbiz.de/10014032550
Big business plays cat & mouse with market regulators. Market participants try to avoid the competitive pressures that the regulators are working to keep up. Only if the latter play these games at least as cleverly as the former can we reap all the fruits of competition. A case in point is the...
Persistent link: https://www.econbiz.de/10013132753
Tourism has long been important part of the economy. Specifically, it serves as a kind of resource that performs a significant role in national economies. With the rise of globalization, cross-border tourism has grown and induced intense competition among counties. The present paper highlights...
Persistent link: https://www.econbiz.de/10011482449
This paper presents a new decomposition approach for measuring deterrence motives in dynamic oligopoly games. Our approach yields a scale-free and interpretable measure of deterrence motives that informs researchers about the proportion for which deterrence motives account of all entry motives....
Persistent link: https://www.econbiz.de/10013295223
Research suggests the future of the Internet will be defined by ubiquitous computing: a networked environment in which smart objects, called 'Things,' are imbued with identification data and micro-processing power to form an Internet of Things (IoT). Data production across the Internet continues...
Persistent link: https://www.econbiz.de/10014155119
associated theory of collusion in markets with public demand fluctuations; mixed-strategy equilibria and purification theory and … the associated theory of sales; and repeated games with imperfect monitoring and the associated theory of collusion and …
Persistent link: https://www.econbiz.de/10014024496
In a capacity-then-price-setting game we experimentally identify capacity precommitment, the possibility to communicate before price choices, and prior competition experience as crucial factors for collusive pricing. The theoretical analysis determines the capacity thresholds above which firms...
Persistent link: https://www.econbiz.de/10011944106
In asymmetric dilemma games without side payments, players face involved cooperation and bargaining problems. The maximization of joint profits is implausible, players disagree on the collusive action, and the outcome is often inefficient. For the example of a Cournot duopoly with asymmetric...
Persistent link: https://www.econbiz.de/10011929323
In asymmetric dilemma games without side payments, players face involved cooperation and bargaining problems. The maximization of joint profits is implausible, players disagree on the collusive action, and the outcome is often inefficient. For the example of a Cournot duopoly with asymmetric...
Persistent link: https://www.econbiz.de/10011802796