Cartel sustainability in retail markets: Evidence from a health service sector
Author
Abstract
Suggested Citation
DOI: 10.1016/j.ijindorg.2016.08.001
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Robert Clark & Jean-Fran?ois Houde, 2013. "Collusion with Asymmetric Retailers: Evidence from a Gasoline Price-Fixing Case," American Economic Journal: Microeconomics, American Economic Association, vol. 5(3), pages 97-123, August.
- Giulio Ecchia & Luca Lambertini, 1997.
"Minimum Quality Standards and Collusion,"
Journal of Industrial Economics, Wiley Blackwell, vol. 45(1), pages 101-113, March.
- G. Ecchia & L. Lambertini, 1995. "Minimum Quality Standards and Collusion," Working Papers 235, Dipartimento Scienze Economiche, Universita' di Bologna.
- Ross, Thomas W., 1992.
"Cartel stability and product differentiation,"
International Journal of Industrial Organization, Elsevier, vol. 10(1), pages 1-13, March.
- Tom Ross, 1990. "Cartel Stability And Product Differentiation," Carleton Industrial Organization Research Unit (CIORU) 90-04, Carleton University, Department of Economics.
- Jeanine Miklós-Thal, 2011.
"Optimal collusion under cost asymmetry,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(1), pages 99-125, January.
- Jeanine Thal, 2005. "Optimal Collusion under Cost Asymmetry," Working Papers 2005-36, Center for Research in Economics and Statistics.
- Miklos-Thal, Jeanine, 2008. "Optimal Collusion under Cost Asymmetry," MPRA Paper 11044, University Library of Munich, Germany.
- Lars-Hendrik Röller & Frode Steen, 2006. "On the Workings of a Cartel: Evidence from the Norwegian Cement Industry," American Economic Review, American Economic Association, vol. 96(1), pages 321-338, March.
- John Asker, 2010. "A Study of the Internal Organization of a Bidding Cartel," American Economic Review, American Economic Association, vol. 100(3), pages 724-762, June.
- Chang, Myong-Hun, 1991. "The effects of product differentiation on collusive pricing," International Journal of Industrial Organization, Elsevier, vol. 9(3), pages 453-469, September.
- Rajeev K. Tyagi, 1999. "On the relationship between product substitutability and tacit collusion," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 20(6), pages 293-298.
- Harrington, Joseph E, Jr, 1991. "The Determination of Price and Output Quotas in a Heterogeneous Cartel," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 32(4), pages 767-792, November.
- Steven T. Berry, 1994. "Estimating Discrete-Choice Models of Product Differentiation," RAND Journal of Economics, The RAND Corporation, vol. 25(2), pages 242-262, Summer.
- repec:bla:jindec:v:45:y:1997:i:1:p:101-13 is not listed on IDEAS
- Robert H. Porter, 1983. "A Study of Cartel Stability: The Joint Executive Committee, 1880-1886," Bell Journal of Economics, The RAND Corporation, vol. 14(2), pages 301-314, Autumn.
- Graham, Daniel A & Marshall, Robert C & Richard, Jean-Francois, 1990. "Differential Payments within a Bidder Coalition and the Shapley Value," American Economic Review, American Economic Association, vol. 80(3), pages 493-510, June.
- Maschler,Michael & Solan,Eilon & Zamir,Shmuel, 2013. "Game Theory," Cambridge Books, Cambridge University Press, number 9781107005488.
- Cardell, N. Scott, 1997. "Variance Components Structures for the Extreme-Value and Logistic Distributions with Application to Models of Heterogeneity," Econometric Theory, Cambridge University Press, vol. 13(2), pages 185-213, April.
- Symeonidis, George, 1999. "Cartel stability in advertising-intensive and R&D-intensive industries," Economics Letters, Elsevier, vol. 62(1), pages 121-129, January.
- Berry, Steven & Levinsohn, James & Pakes, Ariel, 1995.
"Automobile Prices in Market Equilibrium,"
Econometrica, Econometric Society, vol. 63(4), pages 841-890, July.
- Steven Berry & James Levinsohn & Ariel Pakes, 1993. "Automobile Prices in Market Equilibrium: Part I and II," NBER Working Papers 4264, National Bureau of Economic Research, Inc.
- Ivaldi, Marc & Jullien, Bruno & Rey, Patrick & Seabright, Paul & Tirole, Jean, 2003. "The Economics of Tacit Collusion," IDEI Working Papers 186, Institut d'Économie Industrielle (IDEI), Toulouse.
- Zhongmin Wang, 2008. "Collusive Communication and Pricing Coordination in a Retail Gasoline Market," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 32(1), pages 35-52, February.
- George Symeonidis, 2003. "In Which Industries is Collusion More Likely? Evidence from the UK," Journal of Industrial Economics, Wiley Blackwell, vol. 51(1), pages 45-74, March.
- Jean-François Houde, 2010. "gasoline markets," The New Palgrave Dictionary of Economics,, Palgrave Macmillan.
- Hausman, William J., 1984. "Cheap Coals or Limitation of the Vend? The London Coal Trade, 1770–1845," The Journal of Economic History, Cambridge University Press, vol. 44(2), pages 321-328, June.
- Hackner, Jonas, 1994. "Collusive pricing in markets for vertically differentiated products," International Journal of Industrial Organization, Elsevier, vol. 12(2), pages 155-177, June.
- Raphael Thomadsen & Ki-Eun Rhee, 2007. "Costly Collusion in Differentiated Industries," Marketing Science, INFORMS, vol. 26(5), pages 660-665, 09-10.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- David T. Frazier & Eric Renault & Lina Zhang & Xueyan Zhao, 2020.
"Weak Identification in Discrete Choice Models,"
Papers
2011.06753, arXiv.org, revised Jan 2021.
- Frazier, David T. & Renault, Eric & Zhang, Lina & Zhao, Xueyan, 2021. "Weak Identification in Discrete Choice Models," The Warwick Economics Research Paper Series (TWERPS) 1336, University of Warwick, Department of Economics.
- Hattori, Keisuke, 2021. "Profit-Sharing vs Price-Fixing Collusion with Heterogeneous Firms," MPRA Paper 110800, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ari Hyytinen & Frode Steen & Otto Toivanen, 2019.
"An Anatomy of Cartel Contracts,"
The Economic Journal, Royal Economic Society, vol. 129(621), pages 2155-2191.
- Hyytinen, Ari & Steen, Frode & Toivanen, Otto, 2012. "Anatomy of Cartel Contracts," Discussion Paper Series in Economics 25/2012, Norwegian School of Economics, Department of Economics.
- Steen, Frode & Toivanen, Otto & Hyytinen, Ari, 2013. "Anatomy of Cartel Contracts," CEPR Discussion Papers 9362, C.E.P.R. Discussion Papers.
- Porter, Robert H., 2020. "Mergers and coordinated effects," International Journal of Industrial Organization, Elsevier, vol. 73(C).
- Piccolo, Salvatore & Pignataro, Aldo, 2018. "Consumer loss aversion, product experimentation and tacit collusion," International Journal of Industrial Organization, Elsevier, vol. 56(C), pages 49-77.
- Yue Cai, 2021. "Measuring Market Power in the IPO Underwriter," Working Papers 2108, Waseda University, Faculty of Political Science and Economics.
- Forsbacka, Tove & Le Coq, Chloé & Marvão, Catarina, 2023. "Cartel birth and death dynamics: Empirical evidence," International Journal of Industrial Organization, Elsevier, vol. 89(C).
- Neelanjan Sen & Urvashi Tandon & Rajit Biswas, 2024. "Collusion under product differentiation," Journal of Economics, Springer, vol. 142(1), pages 1-43, June.
- Jorge Alé‐Chilet & Juan Pablo Atal, 2020. "Trade associations and collusion among many agents: evidence from physicians," RAND Journal of Economics, RAND Corporation, vol. 51(4), pages 1197-1221, December.
- Nikolaus Fink & Philipp Schmidt-Dengler & Konrad Stahl & Christine Zulehner, 2017.
"Registered cartels in Austria: an overview,"
European Journal of Law and Economics, Springer, vol. 44(3), pages 385-422, December.
- Fink, Nikolaus & Schmidt-Dengler, Philipp & Stahl, Konrad & Zulehner, Christine, 2015. "Registered cartels in Austria: An overview," ZEW Discussion Papers 14-058, ZEW - Leibniz Centre for European Economic Research.
- Nikolaus Fink & Philipp Schmidt-Dengler & Konrad Stahl & Christine Zulehner, 2015. "Registered Cartels in Austria. An Overview," WIFO Working Papers 501, WIFO.
- Döpper, Hendrik & Rasch, Alexander, 2024. "Combinable products, price discrimination, and collusion," International Journal of Industrial Organization, Elsevier, vol. 94(C).
- Danial Asmat, 2021. "Collusion Along the Learning Curve: Theory and Evidence From the Semiconductor Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 69(1), pages 83-108, March.
- Brito, Duarte & Ribeiro, Ricardo & Vasconcelos, Helder, 2018.
"Quantifying the coordinated effects of partial horizontal acquisitions,"
European Economic Review, Elsevier, vol. 110(C), pages 108-149.
- Vasconcelos, Helder & Brito, Duarte & Ribeiro, Ricardo, 2013. "Quantifying the Coordinated Effects of Partial Horizontal Acquisitions," CEPR Discussion Papers 9536, C.E.P.R. Discussion Papers.
- Duarte Brito & Ricardo Ribeiro & Helder Vasconcelos, 2017. "Quantifying the Coordinated Effects of Partial Horizontal Acquisitions," Working Papers de Economia (Economics Working Papers) 01, Católica Porto Business School, Universidade Católica Portuguesa.
- Thanos Athanasopoulos & Burak Dindaroglu & Georgios Petropoulos, 2021. "Stability of collusion and quality differentiation- a Nash bargaining approach," Working Papers 43226, Bruegel.
- Victor Aguirregabiria & Margaret Slade, 2017.
"Empirical models of firms and industries,"
Canadian Journal of Economics, Canadian Economics Association, vol. 50(5), pages 1445-1488, December.
- Victor Aguirregabiria & Margaret Slade, 2017. "Empirical models of firms and industries," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(5), pages 1445-1488, December.
- Victor Aguirregabiria & Margaret Slade, 2017. "Empirical Models of Firms and Industries," Working Papers tecipa-580, University of Toronto, Department of Economics.
- Aguirregabiria, Victor & Slade, Margaret E., 2017. "Empirical Models of Firms and Industries," Microeconomics.ca working papers margaret_e._slade-2017-4, Vancouver School of Economics, revised 27 Apr 2017.
- Aguirregabiria, Victor & Slade, Margaret, 2017. "Empirical Models of Firms and Industries," CEPR Discussion Papers 12074, C.E.P.R. Discussion Papers.
- Ozbugday, F.C., 2011. "Exploring National Concerted Practices in an Open Small Economy : What Does the Change in the Competition Law in the Netherlands Reveal?," Discussion Paper 2011-037, Tilburg University, Center for Economic Research.
- Marcel Canoy & Patrick Rey & Eric van Damme, 2004.
"Dominance and Monopolization,"
Chapters, in: Manfred Neumann & Jürgen Weigand (ed.), The International Handbook of Competition, chapter 7,
Edward Elgar Publishing.
- Canoy, M.F.M. & Rey, P. & van Damme, E.E.C., 2004. "Dominance and Monopolization," Discussion Paper 2004-022, Tilburg University, Tilburg Law and Economic Center.
- Andaluz, Joaquín, 2010. "Cartel sustainability with vertical product differentiation: Price versus quantity competition," Research in Economics, Elsevier, vol. 64(4), pages 201-211, December.
- Hattori, Keisuke, 2021. "Profit-Sharing vs Price-Fixing Collusion with Heterogeneous Firms," MPRA Paper 110800, University Library of Munich, Germany.
- Symeonidis, George, 2002. "Cartel stability with multiproduct firms," International Journal of Industrial Organization, Elsevier, vol. 20(3), pages 339-352, March.
- Cotterill, Ronald W. & Dhar, Tirtha Pratim, 2003.
"Oligopoly Pricing with Differentiated Products: The Boston Fluid Milk Market Channel,"
Research Reports
25189, University of Connecticut, Food Marketing Policy Center.
- Ronald W. Cotterill & Tirtha Pratim Dhar, 2003. "Oligopoly Pricing with Differentiated Products: The Boston Fluid Milk Market Channel," Food Marketing Policy Center Research Reports 074, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
- Ozbugday, F.C., 2011. "Exploring National Concerted Practices in an Open Small Economy : What Does the Change in the Competition Law in the Netherlands Reveal?," Other publications TiSEM d8900465-90b9-45ca-9e6e-6, Tilburg University, School of Economics and Management.
More about this item
Keywords
Cartel sustainability; Retail market; Firm heterogeneities;All these keywords.
JEL classification:
- I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:indorg:v:49:y:2016:i:c:p:36-58. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/505551 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.