The Evolution Of Collusion
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Keeping Up With The Joneses
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Author : Huw David Dixon
language : en
Publisher:
Release Date : 1998
Keeping Up With The Joneses written by Huw David Dixon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Cartels categories.
The Evolution Of Collusion
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Author : Paolo Lupi
language : en
Publisher:
Release Date : 2000
The Evolution Of Collusion written by Paolo Lupi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.
Cartels And Economic Collusion
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Author : Michael A. Utton
language : en
Publisher: Edward Elgar Publishing
Release Date : 2011-01-01
Cartels And Economic Collusion written by Michael A. Utton and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-01 with Business & Economics categories.
Adam Smith warned of the prevalence of corporate conspiracies more than two hundred years ago. Since then, interest in cartels has sometimes intensified (during the Great Depression, for example) and sometimes diminished, but the need for control has always remained on the antitrust agenda. This well-documented book reviews the economic case against corporate collusion, as well as the arguments made for a more permissive attitude. A survey of recent empirical research reveals not only the prevalence of a wide range of international cartels but also the size of the inefficiencies and costs that they impose on customers and consumers. The antitrust reaction has therefore intensified with greatly increased fines being imposed by the US, the EU and other authorities. At the same time, they have developed sophisticated leniency polices with the aim of destabilizing the illegal conspiracies. After reviewing these measures, the author concludes with the hope that this toughened approach is not modified or reversed during periods of recession.
Vice Versa
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Author : W. Benedikt Schmal
language : en
Publisher:
Release Date : 2023
Vice Versa written by W. Benedikt Schmal and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
Collusive practices of firms continue to be a major threat to competition and consumer welfare. It should be of utmost importance for academic research to provide the theoretical and empirical foundations to antitrust authorities and enable them to develop proper tools to encounter new collusive practices. Utilizing topical natural language machine learning techniques allows me to analyze the evolution of economic research on collusion over the past two decades in a novel way. It enables me to systematically review some 800 papers. I extract the underlying topics from the papers and conduct a large set of uni- and multivariate time series and regression analyses on their individual prevalences. I detect a notable tendency towards monocultures in topics and an endogenous constriction of the topic variety. In contrast, the overall contents and issues addressed by these papers have grown remarkably. This caused a decoupling: Nowadays, more datasets and cartel cases are studied but with a smaller research scope.
Exclusion Collusion And Confusion
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Author : Federal Trade Federal Trade Commission
language : en
Publisher: CreateSpace
Release Date : 2015-06-07
Exclusion Collusion And Confusion written by Federal Trade Federal Trade Commission and has been published by CreateSpace this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-07 with categories.
The 1980's saw the evolution of a vertical antitrust theory often referred to as "Raising Rivals' Costs." Our analysis examines this theory and its robustness with respect to a number of assumptions. In addition, the applicability of the theory to two well known cases is evaluated. In these cases, the facts are shown to be inconsistent with the requirements of the theory. It appears that while "Raising Rivals' Costs" is a theoretically valid method of achieving an anticompetitive effect on price, its practical uses are extremely limited.
Capital And Collusion
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Author : Hilton L. Root
language : en
Publisher: Princeton University Press
Release Date : 2016-06-28
Capital And Collusion written by Hilton L. Root and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-28 with Business & Economics categories.
Why does capital formation often fail to occur in developing countries? Capital and Collusion explores the political incentives that either foster growth or steal nations' growth prospects. Hilton Root examines the frontier between risk and uncertainty, analyzing the forces driving development in both developed and undeveloped regions. In the former, he argues, institutions reduce everyday economic risks to levels low enough to make people receptive to opportunities for profit, stimulating developments in technology and science. Not so in developing countries. There, institutions that specialize in sharing risk are scarce. Money hides under mattresses and in teapots, creating a gap between a poor nation's savings and its investment. As a consequence, the developing world faces a growing disconnect between the value of its resources and the availability of finance. What are the remedies for eliminating this disparity? Root shows us how to close the growing wealth gap among nations by building institutions that convert uncertainty into risk. Comparing China to India, Latin America to East Asia, and contemporary to historical cases, he offers lessons that can help the World Bank and the International Monetary Fund to tackle the political incentives that are the source of poor governance in developing nations.
Collusion Cyclical Demand And Capacity Constraints
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Author : Andrés González Lira
language : en
Publisher:
Release Date : 2012
Collusion Cyclical Demand And Capacity Constraints written by Andrés González Lira and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
It is well known that cartels need to manipulate margins over the business cycle in order to enforce collusion amongst impatient firms, and that the specific evolution of these margins depends on the existence of capacity constraints. However, the literature has been largely silent about collusive pricing in presence of softer capacity constraints. We find that under a lax capacity constraint, the evolution of margins over the cycle depends on the degree of impatience of cartel's members; margins increase during booms when firms are patient and decrease when firms are impatient. This theoretical finding has relevant implications for empirical tests of collusion based on the observation of margins over the business cycle, which we discuss using an innovative test for collusion within the Chicken Industry in Chile.
Evolution Of Cooperation
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Author : Robert M. Axelrod
language : en
Publisher:
Release Date : 1984-04-15
Evolution Of Cooperation written by Robert M. Axelrod and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984-04-15 with History categories.
Author is an alumnus of Evanston Township High School, class of 1961.
The Complexity Of Cooperation Agent Based Models Of Competition And Collaboration
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Author : Robert Axelrod
language : en
Publisher: Princeton University Press
Release Date : 1997-08-18
The Complexity Of Cooperation Agent Based Models Of Competition And Collaboration written by Robert Axelrod and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-08-18 with Political Science categories.
Robert Axelrod is widely known for his groundbreaking work in game theory and complexity theory. He is a leader in applying computer modeling to social science problems. His book The Evolution of Cooperation has been hailed as a seminal contribution and has been translated into eight languages since its initial publication. The Complexity of Cooperation is a sequel to that landmark book. It collects seven essays, originally published in a broad range of journals, and adds an extensive new introduction to the collection, along with new prefaces to each essay and a useful new appendix of additional resources. Written in Axelrod's acclaimed, accessible style, this collection serves as an introductory text on complexity theory and computer modeling in the social sciences and as an overview of the current state of the art in the field. The articles move beyond the basic paradigm of the Prisoner's Dilemma to study a rich set of issues, including how to cope with errors in perception or implementation, how norms emerge, and how new political actors and regions of shared culture can develop. They use the shared methodology of agent-based modeling, a powerful technique that specifies the rules of interaction between individuals and uses computer simulation to discover emergent properties of the social system. The Complexity of Cooperation is essential reading for all social scientists who are interested in issues of cooperation and complexity.
Collusion And Fights In An Experiment With Price Setting Firms And Advance Production
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Author : Jordi Brandts
language : en
Publisher:
Release Date : 2008
Collusion And Fights In An Experiment With Price Setting Firms And Advance Production written by Jordi Brandts and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
We present results from 50-round duopoly and triopoly experiments. Firms decide repeatedly both on price and quantity of a perishable good. Each firm has capacity to serve the whole market. The stage game does not have an equilibrium in pure strategies. Most markets evolve either to monopolies as a consequence of bankruptcies or to collusion at the monopolistic price. Evolution is faster in markets with two than in those with three firms. Therefore, over time average price is lower with three than with two. Consumer surplus is higher with three firms, but efficiency is lower in markets with three firms.