| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060755 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠We model a linear oligopoly model with antitrust enforcement. ⺠We show that the optimal cartel price converges to the competitive equilibrium price. ⺠We show that the set of sustainable cartel prices does not shrink to the competitive price. ⺠We identify a set of necessary conditions for this counter-intuitive convergence result.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Harold Houba, Evgenia Motchenkova, Quan Wen,