| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5076086 | Information Economics and Policy | 2006 | 12 Pages |
Abstract
We study tacit collusion by investigating experimentally the effect of explicit instructions on how to coordinate prices. We find: (i) no tacit collusion in triopoly markets even with explicit instructions on how to coordinate, and (ii) increased tacit collusion with explicit instructions in duopoly markets. The results suggest that there are additional factors than the difficulty of finding a collusive pricing scheme, that effectively limit tacit collusion.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Management of Technology and Innovation
Authors
Astri Muren, Roger Pyddoke,