Article ID Journal Published Year Pages File Type
5078554 International Journal of Industrial Organization 2008 18 Pages PDF
Abstract
The semi-collusion model indicates that when firms collude on outputs and compete on capacities, cartel members may be worse off. Why do rational firms choose such kind of disadvantageous collusion? In order to solve the puzzle, this article uses Taiwan's flour cartel case to investigate firms' incentives and finds that government regulation seems to be the primary reason to create such a predicament.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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