کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5078504 1477367 2006 28 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Cartel pricing dynamics with cost variability and endogenous buyer detection
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Cartel pricing dynamics with cost variability and endogenous buyer detection
چکیده انگلیسی
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.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Journal of Industrial Organization - Volume 24, Issue 6, November 2006, Pages 1185-1212
نویسندگان
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