Internal decision-making rules and collusion
نویسندگان
چکیده
منابع مشابه
Internal decision-making rules and collusion∗
We study the impact of internal decision-making structures on the stability of collusive agreements. To this end, we use a three-firm spatial competition model where two firms belong to the same holding company. The holding company can decide to set prices itself or to delegate this decision to its local units. If collusion breaks down, the holding company may relocate its two local units. It t...
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A methodolggy for ttre validation and verification (V&V) of decision making rules is proposed. The methodology addresses the general problem of deiecting problematic ases in a set of rules. The rules are expressed as statements in formal logic. The definition of decision rules in formal logic makes the problem general in tems of application domains, and also provides an analytical-base foi defi...
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ژورنال
عنوان ژورنال: Journal of Economic Behavior & Organization
سال: 2009
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2009.07.008