期刊名称：Discussion Paper Series / Universität Heidelberg, Department of Economics
出版年度：2013
卷号：2013
出版社：Universität Heidelberg, Department of Economics
摘要：We study how in.ation and de.ation a.ect firms' ability to cooperate inan experimental Bertrand duopoly with di.erentiated products. We find thatthere is significantly less cooperation in the treatments with in.ation and de-.ation compared to the no-in.ation treatments. The di.culties to cooperatea.ect prices and welfare: Depending on the market structure, in.ation andde.ation lead to significantly lower (real) prices and higher welfare
