| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5078255 | International Journal of Industrial Organization | 2011 | 13 Pages |
Abstract
⺠We explore the role of price or quantity leadership in facilitating collusion. ⺠In collusion firms can make strategic choices either simultaneously or sequentially. ⺠Leadership facilitates collusion by making it easier to punish leader's deviations. ⺠Price leadership can restore sustainability and enhance profitability of collusion. ⺠Quantity leadership is ineffective since punishing leader's deviations is difficult.
Keywords
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Igor Mouraviev, Patrick Rey,