The Impact of Persistent Shocks and Concave Objective Functions on Collusive Behavior

This paper provides a theoretic model for the analysis of cartel formation in an industry that is subject to profit shocks. The competitive or collusive conduct of a firm is determined by a decision maker who maximizes the present value of utility that accrues to him by earning a share of the firm&#...

ver descrição completa

Na minha lista:
Detalhes bibliográficos
Publicado no:MAGKS - Joint Discussion Paper Series in Economics (Band 28-2013)
Autor principal: Paha, Johannes
Formato: Artigo
Idioma:inglês
Publicado em: Philipps-Universität Marburg 2013
Assuntos:
Acesso em linha:Texto integral em PDF
Tags: Adicionar Tag
Sem tags, seja o primeiro a adicionar uma tag!