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Persistent link: https://www.econbiz.de/10012013159
We systematically investigate the relationship between the number of firms in a market and tacit collusion by means of a meta-analysis of the literature on oligopoly experiments as well as two of our own experiments with a total of 368 participants. We show that the degree of tacit collusion...
Persistent link: https://www.econbiz.de/10012937619
Although the regulation of access to an essential upstream resource is a perennial issue for policymakers and industry stakeholders, a set of new issues arises when there is more than one vertically integrated access provider such that competition at the wholesale level may emerge in addition to...
Persistent link: https://www.econbiz.de/10014128255