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The Welfare Implications of the European Trucks Cartel
We present a pragmatic approach to calculating the total economic loss induced by a cartel, focusing on the European trucks cartel (1997-2011). Overall, we estimate a net welfare loss up to € 15.5 bn. and an overcharge to the amount of 7.6%. Our approach builds on the theory of monopoly pricing and...
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| Gepubliceerd in: | MAGKS - Joint Discussion Paper Series in Economics (Band 18-2018) |
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| Hoofdauteurs: | , , |
| Formaat: | Artikel |
| Taal: | Engels |
| Gepubliceerd in: |
Philipps-Universität Marburg
2018
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| Onderwerpen: | |
| Online toegang: | PDF Full text |
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MAGKS - Joint Discussion Paper Series in Economics