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Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments …
Persistent link: https://www.econbiz.de/10012938866
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition … central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics …
Persistent link: https://www.econbiz.de/10014023495
Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of … the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments …
Persistent link: https://www.econbiz.de/10012886259
Persistent link: https://www.econbiz.de/10015181803
.S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing …While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political … preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U …
Persistent link: https://www.econbiz.de/10011346282
Persistent link: https://www.econbiz.de/10012197320
significantly decreased cartel activity. The design of these repeated game experiments however is such that engaging in illegal … price discussions is the only way for subjects to avoid the one-shot competitive equilibrium. Subjects in the experiment of … the antitrust authority and the leniency program are directed exclusively to the most straightforward collusive scheme …
Persistent link: https://www.econbiz.de/10011376529
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reconciled with principles of oligopoly theory. This article (1) presents a fundamental reconceptualization of our understanding …
Persistent link: https://www.econbiz.de/10011810824
Persistent link: https://www.econbiz.de/10012542205