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https://ah.lib.nccu.edu.tw/handle/140.119/71059
題名: | Cartel Pricing Dynamics with Cost Variability and Endogenous Buyer Detection | 作者: | Joseph E. Harrington Jr.;Joe Chen | 貢獻者: | 財政系 | 關鍵詞: | Collusion; Cartel detection; Antitrust | 日期: | 2006 | 上傳時間: | 3-十一月-2014 | 摘要: | This paper characterizes collusive pricing patterns when buyers may detect the presence of a cartel. Buyers are assumed to become suspicious when observed prices are anomalous. We find that the cartel price path is comprised of two phases. During the transitional phase, price is generally rising and relatively unresponsive to cost shocks. During the stationary phase, price responds to cost but is much less sensitive than under non-collusion or simple monopoly; a low price variance may then be a collusive marker. Compared to when firms do not collude, cost shocks take a longer time to pass-through to price. | 關聯: | International Journal of Industrial Organization, 24(6), 1185-1212. | 資料類型: | article | DOI: | http://dx.doi.org/10.1016/j.ijindorg.2006.04.012 |
Appears in Collections: | 期刊論文 |
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11851212.pdf | 2.07 MB | Adobe PDF2 | View/Open |
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