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Endogenous Cartel Formation with Heterogeneous Firms and Differentiated Products
Real-world collusive agreements do not necessarily include all firms that are active in the cartelized industry. Often, cartels are formed by asymmetric firms offering products that are not completely homogenous. This article endogenizes the process of cartel formation in a simulation model where fi...
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| Publicat a: | MAGKS - Joint Discussion Paper Series in Economics (Band 07-2010) |
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| Autor principal: | |
| Format: | Arbeit |
| Idioma: | anglès |
| Publicat: |
Philipps-Universität Marburg
2010
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| Matèries: | |
| Accés en línia: | PDF a text complet |
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MAGKS - Joint Discussion Paper Series in Economics