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hard evidence. Moreover, we examine firms' incentives to report or not to report the hard evidence to the antitrust …
Persistent link: https://www.econbiz.de/10011110619
awards achieves broadly the same effects as does tacit collusion. …
Persistent link: https://www.econbiz.de/10005134448
international – antitrust policy; however, the formal proof that a cartel really functioned economically and did not only exist in a …, focusing on legal proof of a cartel is fruitless unless collusion resulted in excess profits or excess revenues. This economic … in spring 2003, the German Antitrust Agency (GAA) fined the German cement industry – € 661 million for having established …
Persistent link: https://www.econbiz.de/10010296779
international – antitrust policy; however, the formal proof that a cartel really functioned economically and did not only exist in a …, focusing on legal proof of a cartel is fruitless unless collusion resulted in excess profits or excess revenues. This economic … in spring 2003, the German Antitrust Agency (GAA) fined the German cement industry – € 661 million for having established …
Persistent link: https://www.econbiz.de/10009226160
We explore whether lawful cooperation in buyer groups facilitates collusion in the product market. Buyer groups … constitute credible threats. Hence, in theory, buyer groups facilitate collusion. We run several experimental treatments using …
Persistent link: https://www.econbiz.de/10010428107
Merchant guilds have been portrayed as social networks that generated beneficial social capital by sustaining shared norms, effectively transmitting information, and successfully undertaking collective action. This social capital, it is claimed, benefited society as a whole by enabling rulers to...
Persistent link: https://www.econbiz.de/10011509466
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
We explore the difference between explicit and tacit collusion by investigating the impact communication has in …
Persistent link: https://www.econbiz.de/10010310323
We explore whether lawful cooperation in buyer groups facilitates collusion in the product market. Buyer groups … constitute credible threats. Hence, in theory, buyer groups facilitate collusion. We run several experimental treatments using …
Persistent link: https://www.econbiz.de/10010426996