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

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