An Experiment on the Persistence of Price Collusion

An Experiment on the Persistence of Price Collusion - jstor

AN EXPERIMENT ON. THE PERSISTENCE OF PRICE COLLUSION. ROGER SHERMAN*. University of Virginia. I. INTRODUCTION. A tacit price agreement among a few firms need ...

Collusion with Persistent Cost Shocks - Stanford University

A variety of empirical. 4. Page 6. evidence and descriptive accounts of collusion establish an association between collusion and rigid prices and stable market ...

Collusion with Persistent Cost Shocks - Columbia Business School

For example, there exist equilibria where firms use an initial signaling phase to reveal cost types, followed by a phase where prices are higher but market ...

Collusion with Persistent Cost Shocks

May2008 Vol. 76 Issue 3 Pages 493–540. ... We consider a dynamic Bertrand game in which prices are publicly observed and each firm receives a privately observed ...

ANTITRUST: RESULTS FROM THE LABORATORY

... Collusion in a Sealed Offer Market: An Experimental Examination, ... (April 1976), "An Experiment on the Persistence of Price Collusion," Southern ...

Collusion with Persistent Cost Shocks - IDEAS/RePEc

We analyze the set of collusive equilibria available to firms, emphasizing the best collusive scheme for the firms at the start of the game. In general, there ...

The relative efficacy of price announcements and express ...

This study conducts experiments to determine the modes of communication that are able to produce and sustain collusion and how the efficacy of communication ...

Collusion With Persistent Cost Shocks - Athey - 2008 - Econometrica

We analyze the set of collusive equilibria available to firms, emphasizing the best collusive scheme for the firms at the start of the game. In ...

Tacit Collusion in Price-Setting Duopoly Markets - William & Mary

“An Experiment on the Persistence of Price Collusion,” Southern. Economic Journal, 37(4): 489-495. Suetens, S. and J. Potters (2007). “Bertrand Colludes More ...

An Experiment on Innovation and Collusion

This paper tests whether price collusion is more successful in markets like the epigraph's folding cardboard box market, than in markets where firms can more ...

The New Age of Collusion? An Empirical Study into Airbnb's Pricing ...

On the other hand, it could also facilitate a form of tacit collusion where hosts, observing and aligning with broader pricing trends, might ...

Price Fixing Conspiracies: Their Long-Term Impact - jstor

RECENT economic literature on price fixing has sought to describe 'conspiracy prone' industries as an aid in the identification and prosecution of collusion.'.

NBER WORKING PAPER SERIES COLLUSION, MERGERS, AND ...

Price Fixing. A price-fixing agreement is an intuitive form of cartel. Firms agree on a certain price and the market allocates customers to the firms ...

The Effects of Collusion in Laboratory Experiments

This results in persistent discounts for the remaining periods, despite the fact that sellers are able to agree on a common list price. Finally, note that the ...

COLLUSION AND FIGHTS IN AN EXPERIMENT WITH PRICE ...

COLLUSION AND FIGHTS IN AN EXPERIMENT WITH PRICE-SETTING FIRMS AND ADVANCE PRODUCTION ; 2007 · Brandts, Jordi ; Guillen, Pablo · The journal of industrial ...

Tacit Collusion The Neglected Experimental Evidence - coll.mpg.de

"An Experiment on the Persistence of Price Collusion." Southern. Economic Journal 37: 489-495. SHERMAN, ROGER (1972). Oligopoly. An Empirical Approach ...

Price competition in an inflationary environment - ScienceDirect.com

A slowly increasing nominal price level appears to be enough to reduce collusion among firms. This and the effect of money illusion mean that real prices are ...

Collusion Along the Learning Curve: Theory and Evidence from the ...

Using price data from the market research firm IDC, the expert ... “Collusion with persistent cost shocks.” Econometrica,. 76(3): 493 ...

The Relative Efficacy of Price Announcements and Express ...

This study conducts experiments to determine what modes of communications are able to pro- duce and sustain collusion and how the efficacy of communication ...

Testing for Price-Fixing Effects: A Difference-in-Difference Approach

Abstract. Firms in an industry sometimes collude to “fix” prices, by raising or lowering price away from its competitive market level. Price fixing can harm ...