Endogenous cartel formation: Experimental evidence

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 125
Issue: 2
Pages: 223-225

Authors (2)

Fonseca, Miguel A. (University of Exeter) Normann, Hans-Theo (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they may get fined by a cartel authority. We find that the four-firm industries form cartels more often than the duopolies because they gain less from a hysteresis effect after cartel disruption.

Technical Details

RePEc Handle
repec:eee:ecolet:v:125:y:2014:i:2:p:223-225
Journal Field
General
Author Count
2
Added to Database
2026-01-25