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Based on a price setting duopoly model, this paper argues that collusion on managerial incentive compensation may have … the equivalent effect to collusion on prices. This paper also provides an analysis of the effect of different antitrust …
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This paper analyzes the inner workings of cartels. To understand how sanctioning institutions prevent cartel formation … suggests that sanctions are effective in hindering cartel formation not only because they introduce a risk of being fined but …
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the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments … less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a … distance is small they hardly behave collusively when collusion harms a third party. …
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