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文章基本信息

  • 标题:On Collusion and Industry Size
  • 本地全文:下载
  • 作者:Marc Escrihuela-Villar ; Jorge Guillen
  • 期刊名称:Annals of Economics and Finance
  • 电子版ISSN:1529-7373
  • 出版年度:2011
  • 卷号:12
  • 期号:01
  • 出版社:Peking University Press
  • 摘要:

    In this paper we investigate the connection between the number of competitors and the sustainability of collusion within the context of a infinitely repeated symmetric Cournot model where only a subset of firms cooperate. We show that, in our model, an increase in the number of cartel firms may increase collusion likelihood by diminishing the negative effects for collusion of the existence of a competitive fringe. Also, we show that an increase in the number of fringe firrms makes collusion harder to sustain.
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  • 关键词:Collusion; Sustainability; Fringe.
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