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dc.contributor.authorFonseca, Miguel A.
dc.contributor.authorNormann, Hans-Theo
dc.date.accessioned2015-04-14T08:14:54Z
dc.date.issued2014-11
dc.description.abstractIn a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they may get fined by a cartel authority. We find that the four-firm industries form cartels more often than the duopolies because they gain less from a hysteresis effect after cartel disruption.en_GB
dc.identifier.citationVol. 125, pp. 223 - 225en_GB
dc.identifier.urihttp://hdl.handle.net/10871/16767
dc.language.isoenen_GB
dc.publisherElsevieren_GB
dc.relation.url10.1016/j.econlet.2014.09.014en_GB
dc.relation.urlhttp://www.journals.elsevier.com/economics-letters/en_GB
dc.relation.urlhttp://econstor.eu/bitstream/10419/101325/1/796539901.pdfen_GB
dc.subjectCartelsen_GB
dc.subjectCollusionen_GB
dc.subjectCommunicationen_GB
dc.subjectExperimentsen_GB
dc.subjectRepeated gamesen_GB
dc.titleEndogenous cartel formation: experimental evidenceen_GB
dc.typeArticleen_GB
dc.date.available2015-04-14T08:14:54Z
dc.identifier.issn0165-1765
dc.descriptionPublisheden_GB
dc.descriptionArticleen_GB
dc.descriptionNOTICE: this is the author’s version of a work that was accepted for publication in Economics Letters. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Economics Letters, Volume 125, Issue 2, November 2014, Pages 223–225. doi:10.1016/j.econlet.2014.09.014en_GB
dc.descriptionThis version previously issued as DICE Discussion Paper, No. 159 by Düsseldorf Institute for Competition Economicsen_GB
dc.identifier.journalEconomics Lettersen_GB


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