Sustainable collusion on separate markets
AbstractIn a Cournot duopoly where firms incur a fixed cost for serving each market, collusion is easier to sustain with production quotas if the fixed cost is small enough, and with market sharing agreements if it is large enough.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 99 (2008)
Issue (Month): 2 (May)
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Web page: http://www.elsevier.com/locate/ecolet
Other versions of this item:
- BELLEFLAMME, Paul & BLOCH, Francis, . "Sustainable collusion on separate markets," CORE Discussion Papers RP -2070, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- BELLEFLAMME, Paul & BLOCH, Francis, 2006. "Sustainable collusion on separate markets," CORE Discussion Papers 2006059, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
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- Salant, Stephen W & Switzer, Sheldon & Reynolds, Robert J, 1983. "Losses from Horizontal Merger: The Effects of an Exogenous Change in Industry Structure on Cournot-Nash Equilibrium," The Quarterly Journal of Economics, MIT Press, vol. 98(2), pages 185-99, May.
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