کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5078500 | 1477367 | 2006 | 25 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Examining models of collusion: The market for lysine
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
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چکیده انگلیسی
We compare the experience with collusion in the market for lysine with the predictions of theory. The lysine market provides an ideal setting following the confessions of cartel participants in antitrust investigations. Data availability allows demand and cost functions to be estimated and observed mark-ups compared with predictions. We find that several integral aspects of collusion in the lysine market are not adequately addressed in the literature: the dynamics associated with entry and investment; persistent asymmetries between firms; the cartel's bargaining problem; and the existence of cheating in equilibrium. These issues are likely to have much wider applicability beyond the lysine market.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Journal of Industrial Organization - Volume 24, Issue 6, November 2006, Pages 1083-1107
Journal: International Journal of Industrial Organization - Volume 24, Issue 6, November 2006, Pages 1083-1107
نویسندگان
Nicolas de Roos,