Publikationsserver
Cartel Formation With Endogenous Capacity and Demand Uncertainty
This article analyzes the strategic decisions of firms whether to establish and adhere to a cartel when they can also shape competition by investing into production capacity while being subject to unexpected demand shocks with persistence. The model shows that a negative demand shock can facilitate...
Wedi'i Gadw mewn:
| Cyhoeddwyd yn: | MAGKS - Joint Discussion Paper Series in Economics (Band 43-2013) |
|---|---|
| Prif Awdur: | |
| Fformat: | Erthygl |
| Iaith: | Saesneg |
| Cyhoeddwyd: |
Philipps-Universität Marburg
2013
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| Pynciau: | |
| Mynediad Ar-lein: | Testun PDF llawn |
| Tagiau: |
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MAGKS - Joint Discussion Paper Series in Economics