When Do Firms Leave Cartels? Determinants And The Impact On Cartel Survival
Author
Abstract
Suggested Citation
DOI: 10.1016/j.irle.2017.11.001
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Hellwig, Michael & Hüschelrath, Kai, 2017. "When do firms leave cartels? Determinants and the impact on cartel survival," ZEW Discussion Papers 17-002, ZEW - Leibniz Centre for European Economic Research.
References listed on IDEAS
- Oindrila De, 2010. "Analysis of Cartel Duration: Evidence from EC Prosecuted Cartels," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 17(1), pages 33-65.
- Green, Edward J & Porter, Robert H, 1984.
"Noncooperative Collusion under Imperfect Price Information,"
Econometrica, Econometric Society, vol. 52(1), pages 87-100, January.
- Green, Edward J. & Porter, Robert H., 1982. "Noncooperative Collusion Under Imperfect Price Information," Working Papers 367, California Institute of Technology, Division of the Humanities and Social Sciences.
- Edward J Green & Robert H Porter, 1997. "Noncooperative Collusion Under Imperfect Price Information," Levine's Working Paper Archive 1147, David K. Levine.
- Zhou, Jun, 2012. "Cartel Duration and Endogenous Private Monitoring and Communication: An Instrumental Variables Approach," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 369, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Joseph E. HarringtonJr. & Yanhao Wei, 2017. "What Can the Duration of Discovered Cartels Tell Us About the Duration of All Cartels?," Economic Journal, Royal Economic Society, vol. 127(604), pages 1977-2005.
- Gerard J. van den Berg & Bettina Drepper, 2016.
"Inference for Shared-Frailty Survival Models with Left-Truncated Data,"
Econometric Reviews, Taylor & Francis Journals, vol. 35(6), pages 1075-1098, June.
- van den Berg, Gerard J. & Drepper, Bettina, 2011. "Inference for Shared-Frailty Survival Models with Left-Truncated Data," IZA Discussion Papers 6031, Institute of Labor Economics (IZA).
- van den Berg, Gerard J. & Drepper , Bettina, 2011. "Inference for shared-frailty survival models with left-truncated data," Working Paper Series 2011:26, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- Joseph E. Harrington, Jr, 2006. "How Do Cartels Operate?," Economics Working Paper Archive 531, The Johns Hopkins University,Department of Economics.
- Van den Berg, Gerard J., 2001.
"Duration models: specification, identification and multiple durations,"
Handbook of Econometrics, in: J.J. Heckman & E.E. Leamer (ed.), Handbook of Econometrics, edition 1, volume 5, chapter 55, pages 3381-3460,
Elsevier.
- Van den Berg, Gerard J., 2000. "Duration Models: Specification, Identification, and Multiple Durations," MPRA Paper 9446, University Library of Munich, Germany.
- Margaret C. Levenstein & Valerie Y. Suslow, 2011. "Breaking Up Is Hard to Do: Determinants of Cartel Duration," Journal of Law and Economics, University of Chicago Press, vol. 54(2), pages 455-492.
- Joseph E. Harrington Jr. & Yanhao Wei, 2017. "What Can the Duration of Discovered Cartels Tell Us About the Duration of All Cartels?," Economic Journal, Royal Economic Society, vol. 127(604), pages 1977-2005, September.
- Zhou, Jun, 2011. "Evaluating Leniency with Missing Information on Undetected Cartels: Exploring Time-Varying Policy Impacts on Cartel Duration," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 353, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Joseph E. Harrington & Myong-Hun Chang, 2009. "Modeling the Birth and Death of Cartels with an Application to Evaluating Competition Policy," Journal of the European Economic Association, MIT Press, vol. 7(6), pages 1400-1435, December.
- Rotemberg, Julio J & Saloner, Garth, 1986. "A Supergame-Theoretic Model of Price Wars during Booms," American Economic Review, American Economic Association, vol. 76(3), pages 390-407, June.
- H. Peter Boswijk & Maurice J. G. Bun & Maarten Pieter Schinkel, 2019.
"Cartel dating,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 34(1), pages 26-42, January.
- H. Peter Boswijk & Maurice J.G. Bun & Maarten Pieter Schinkel, 2016. "Cartel Dating," Tinbergen Institute Discussion Papers 16-092/VII, Tinbergen Institute.
- H. Peter Boswijk & Maurice J.G. Bun & Maarten Pieter Schinkel, 2016. "Cartel dating," UvA-Econometrics Working Papers 16-04, Universiteit van Amsterdam, Dept. of Econometrics.
- Dick, Andrew R, 1996. "When Are Cartels Stable Contracts?," Journal of Law and Economics, University of Chicago Press, vol. 39(1), pages 241-283, April.
- Baumol, William J, 1992. "Horizontal Collusion and Innovation," Economic Journal, Royal Economic Society, vol. 102(410), pages 129-137, January.
- Compte, Olivier & Jenny, Frederic & Rey, Patrick, 2002. "Capacity constraints, mergers and collusion," European Economic Review, Elsevier, vol. 46(1), pages 1-29, January.
- Valerie Y. Suslow, 2005. "Cartel contract duration: empirical evidence from inter-war international cartels," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 14(5), pages 705-744, October.
- Mario Cleves & William W. Gould & Roberto G. Gutierrez & Yulia Marchenko, 2010. "An Introduction to Survival Analysis Using Stata," Stata Press books, StataCorp LP, edition 3, number saus3, March.
- Posner, Richard A, 1970. "A Statistical Study of Antitrust Enforcement," Journal of Law and Economics, University of Chicago Press, vol. 13(2), pages 365-419, October.
- Harrington, Joseph E., 2006. "How Do Cartels Operate?," Foundations and Trends(R) in Microeconomics, now publishers, vol. 2(1), pages 1-105, August.
- Hellwig, Michael & Hüschelrath, Kai, 2016. "Cartel cases and the cartel enforcement process in the European Union 2001-2015: A quantitative assessment," ZEW Discussion Papers 16-063, ZEW - Leibniz Centre for European Economic Research.
- Lancaster, Tony, 1979. "Econometric Methods for the Duration of Unemployment," Econometrica, Econometric Society, vol. 47(4), pages 939-956, July.
- Marc Ivaldi & Bruno Jullien & Patrick Rey & Paul Seabright & Jean Tirole, 2007.
"The Economics of Tacit Collusion:Implications for Merger Control,"
Contributions to Economic Analysis, in: The Political Economy of Antitrust, pages 217-239,
Emerald Group Publishing Limited.
- Jean Tirole & Marc Ivaldi & Patrick Rey & Paul Seabright, 2007. "The Economics of Tacit Collusion : Implications for Merger Control," Post-Print hal-00173200, HAL.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Adam Karbowski, 2020. "A Note on Patents and Leniency," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 1, pages 97-108.
- Forsbacka, Tove & Le Coq, Chloé & Marvão, Catarina, 2023. "Cartel birth and death dynamics: Empirical evidence," International Journal of Industrial Organization, Elsevier, vol. 89(C).
- Jochem, Annabelle & Parrotta, Pierpaolo & Valletta, Giacomo, 2020.
"The impact of the 2002 reform of the EU leniency program on cartel outcomes,"
International Journal of Industrial Organization, Elsevier, vol. 71(C).
- Annabelle Jochem & Pierpaolo Parrotta & Giacomo Valletta, 2020. "The impact of the 2002 reform of the EU leniency program on cartel outcomes," Post-Print hal-03131313, HAL.
- von Auer, Ludwig & Pham, Tu Anh, 2020. "Optimal Destabilization of Cartels," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224521, Verein für Socialpolitik / German Economic Association.
- Heim, Sven & Hüschelrath, Kai & Laitenberger, Ulrich & Spiegel, Yossi, 2017.
"Minority share acquisitions and collusion: Evidence from the introduction of national leniency programs,"
ZEW Discussion Papers
17-037, ZEW - Leibniz Centre for European Economic Research.
- Sven Heim & Kai Hhschelrath & Ulrich Laitenberger & Yossi Spiegel, 2017. "Minority Share Acquisitions and Collusion: Evidence from the Introduction of National Leniency Programs," Working Papers hal-01952937, HAL.
- Spiegel, Yossi & Heim, Sven & , & ,, 2018. "Minority share acquisitions and collusion: evidence from the introduction of national leniency programs," CEPR Discussion Papers 13327, C.E.P.R. Discussion Papers.
- Ludwig von Auer & Tu Anh Pham, 2019. "Optimal Destabilization of Cartels," Research Papers in Economics 2019-07, University of Trier, Department of Economics.
- Wawa W. Nkosi & Willem H. Boshoff, 2022. "Characteristics of Prosecuted Cartels and Cartel Enforcement in South Africa," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 60(3), pages 327-360, May.
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.
- Carmen García & Joan Ramon Borrell & José Manuel Ordóñez-de-Haro & Juan Luis Jiménez, 2022. "Managers’ expectations, business cycles and cartels’ life cycle," European Journal of Law and Economics, Springer, vol. 53(3), pages 451-484, June.
- Swoboda, Sandra Maria, 2018. "Market structure and cartel duration: Evidence from detected EU cartel cases," Arbeitspapiere 184, University of Münster, Institute for Cooperatives.
- Polemis, Michael, 2024. "Are Cartels Forever? Global Evidence Using Quantile Regression Analysis," MPRA Paper 120534, University Library of Munich, Germany.
- Garrod, Luke & Olczak, Matthew, 2018. "Explicit vs tacit collusion: The effects of firm numbers and asymmetries," International Journal of Industrial Organization, Elsevier, vol. 56(C), pages 1-25.
- Sven Heim & Kai Hhschelrath & Ulrich Laitenberger & Yossi Spiegel, 2017.
"Minority Share Acquisitions and Collusion: Evidence from the Introduction of National Leniency Programs,"
Working Papers
hal-01952937, HAL.
- Spiegel, Yossi & Heim, Sven & , & ,, 2018. "Minority share acquisitions and collusion: evidence from the introduction of national leniency programs," CEPR Discussion Papers 13327, C.E.P.R. Discussion Papers.
- Heim, Sven & Hüschelrath, Kai & Laitenberger, Ulrich & Spiegel, Yossi, 2017. "Minority share acquisitions and collusion: Evidence from the introduction of national leniency programs," ZEW Discussion Papers 17-037, ZEW - Leibniz Centre for European Economic Research.
- Margaret C. Levenstein & Valerie Y. Suslow, 2011. "Breaking Up Is Hard to Do: Determinants of Cartel Duration," Journal of Law and Economics, University of Chicago Press, vol. 54(2), pages 455-492.
- Robert M. Feinberg & Hyunchul Kim & Minsoo Park, 2016. "The Determinants of Cartel Duration in Korea," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 48(4), pages 433-448, June.
- Wawa W. Nkosi & Willem H. Boshoff, 2022. "Characteristics of Prosecuted Cartels and Cartel Enforcement in South Africa," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 60(3), pages 327-360, May.
- Kaplow, Louis & Shapiro, Carl, 2007.
"Antitrust,"
Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 2, chapter 15, pages 1073-1225,
Elsevier.
- Louis Kaplow & Carl Shapiro, 2007. "Antitrust," NBER Working Papers 12867, National Bureau of Economic Research, Inc.
- Kaplow, Louis & Shapiro, Carl, 2007. "Antitrust," Competition Policy Center, Working Paper Series qt9pt7p9bm, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
- Pedro Mendi & Róbert F. Veszteg, 2009. "Sustainability of collusion: evidence from the late 19th century basque iron and steel industry," Investigaciones Economicas, Fundación SEPI, vol. 33(3), pages 385-405, September.
- Andreoli-Versbach, Patrick & Franck, Jens-Uwe, 2013. "Actions Speak Louder than Words: Econometric Evidence to Target Tacit Collusion in Oligopolistic Markets," Discussion Papers in Economics 16179, University of Munich, Department of Economics.
- Ari Hyytinen & Frode Steen & Otto Toivanen, 2018.
"Cartels Uncovered,"
American Economic Journal: Microeconomics, American Economic Association, vol. 10(4), pages 190-222, November.
- Hyytinen, Ari & Steen, Frode & Toivanen, Otto, 2010. "Cartels Uncovered," Discussion Paper Series in Economics 10/2010, Norwegian School of Economics, Department of Economics.
- Steen, Frode & Toivanen, Otto & Hyytinen, Ari, 2010. "Cartels Uncovered," CEPR Discussion Papers 7761, C.E.P.R. Discussion Papers.
- Joan-Ramon Borrell & Carmen García & Juan Luis Jiménez & José Manuel Ordóñez-de-Haro, 2022. ""Cartel destabilization effect of leniency programs"," IREA Working Papers 202213, University of Barcelona, Research Institute of Applied Economics, revised Sep 2022.
- Luke Garrod & Matthew Olczak, 2016.
"Collusion, Firm Numbers and Asymmetries Revisited,"
Working Paper series, University of East Anglia, Centre for Competition Policy (CCP)
2016-11, Centre for Competition Policy, University of East Anglia, Norwich, UK..
- Garrod, Luke & Olczak, Matthew, 2016. "Collusion, Firm Numbers and Asymmetries Revisited," MPRA Paper 74352, University Library of Munich, Germany.
- Peter T. Dijkstra & Jonathan Frisch, 2018. "Sanctions and Leniency to Individuals, and its Impact on Cartel Discoveries: Evidence from the Netherlands," De Economist, Springer, vol. 166(1), pages 111-134, March.
- María C. Avramovich, 2020. "The Welfare Implications of the Meeting Design of a Cartel," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 57(1), pages 59-83, August.
- Correia-da-Silva João & Pinho Joana & Vasconcelos Hélder, 2015. "How Should Cartels React to Entry Triggered by Demand Growth?," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 15(1), pages 209-255, January.
- Jason E. Taylor, 2007. "Cartel Code Attributes and Cartel Performance: An Industry-Level Analysis of the National Industrial Recovery Act," Journal of Law and Economics, University of Chicago Press, vol. 50(3), pages 597-624.
- Roux, Catherine & Thöni, Christian, 2015.
"Collusion among many firms: The disciplinary power of targeted punishment,"
Journal of Economic Behavior & Organization, Elsevier, vol. 116(C), pages 83-93.
- Catherine Roux & Christian Thöni, 2013. "Collusion Among Many Firms: The Disciplinary Power of Targeted Punishment," Cahiers de Recherches Economiques du Département d'économie 13.02, Université de Lausanne, Faculté des HEC, Département d’économie.
More about this item
Keywords
Survival Analysis; Cartels; Duration; European Union;All these keywords.
JEL classification:
- C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
- K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
- 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:irlaec:v:54:y:2018:i:c:p:68-84. 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/irle .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.