Cartel formation and pricing: The effect of managerial decision-making rules
نویسندگان
چکیده
منابع مشابه
Cartel Formation and Managerial Incentives
We study the formation of cartels within two di¤erent contexts. First, we consider internal-external stability based models which, due to rms free-riding incentives, lead to the inexistence of stable cartels. Second, we introduce the dynamic aspect of coalition formation. That is, when considering a cartel we consider also any cartel that can be reached through a succession of moves. Despite ...
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ژورنال
عنوان ژورنال: International Journal of Industrial Organization
سال: 2011
ISSN: 0167-7187
DOI: 10.1016/j.ijindorg.2010.03.015