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...
Sábháilte in:
| Foilsithe in: | MAGKS - Joint Discussion Paper Series in Economics (Band 43-2013) |
|---|---|
| Príomhchruthaitheoir: | |
| Formáid: | Alt |
| Teanga: | Béarla |
| Foilsithe / Cruthaithe: |
Philipps-Universität Marburg
2013
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| Ábhair: | |
| Rochtain ar líne: | An téacs iomlán mar PDF |
| Clibeanna: |
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MAGKS - Joint Discussion Paper Series in Economics