Arbeitspapier
Cartel Sustainability and Cartel Stability
The paper studies how does the size of a cartel affect the possibility that its members can sustain a collusive agreement. I obtain that collusion is easier to sustain the larger the cartel is. Then, I explore the implications of this result on the incentives of firms to participate in a cartel. Firms will be more willing to participate because otherwise, they risk that collusion completely collapses, as remaining cartel members are unable to sustain collusion.
- Sprache
-
Englisch
- Erschienen in
-
Series: Nota di Lavoro ; No. 44.2004
- Klassifikation
-
Wirtschaft
Production, Pricing, and Market Structure; Size Distribution of Firms
Oligopoly and Other Imperfect Markets
Monopolization; Horizontal Anticompetitive Practices
Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
- Thema
-
Collusion
Partial cartels
Trigger strategies
Optimal punishment
Kartell
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Escrihuela-Villar, Marc
- Ereignis
-
Veröffentlichung
- (wer)
-
Fondazione Eni Enrico Mattei (FEEM)
- (wo)
-
Milano
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Escrihuela-Villar, Marc
- Fondazione Eni Enrico Mattei (FEEM)
Entstanden
- 2004