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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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| Опубликовано в:: | MAGKS - Joint Discussion Paper Series in Economics (Band 18-2018) |
|---|---|
| Главные авторы: | , , |
| Формат: | Статья |
| Язык: | английский |
| Опубликовано: |
Philipps-Universität Marburg
2018
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| Предметы: | |
| Online-ссылка: | PDF-полный текст |
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MAGKS - Joint Discussion Paper Series in Economics