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...
Gespeichert in:
Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 43-2013) |
---|---|
1. Verfasser: | |
Format: | Artikel |
Sprache: | Englisch |
Veröffentlicht: |
Philipps-Universität Marburg
2013
|
Schlagworte: | |
Online-Zugang: | PDF-Volltext |
Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
No abstracts were found for this record.