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...

पूर्ण विवरण

में बचाया:
ग्रंथसूची विवरण
में प्रकाशित:MAGKS - Joint Discussion Paper Series in Economics (Band 43-2013)
मुख्य लेखक: Paha, Johannes
स्वरूप: लेख
भाषा:अंग्रेज़ी
प्रकाशित: Philipps-Universität Marburg 2013
विषय:
ऑनलाइन पहुंच:पीडीएफ पूर्ण पाठ
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MAGKS - Joint Discussion Paper Series in Economics