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Una Revisión Crítica a la Literatura de Colusión

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Ricardo Paredes

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Abstract

This paper presents the main conclusions of what in Industrial Organization Theory is known as Collusion Theory. It contains a critique to its methodology and implications and also suggests that this theory is not appropriate for Antitrust Legislation, since its apparent empirical success may be due to completely different causes that can be related to increased efficiency of the economy.

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Publisher Info
Article provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its journal Cuadernos de Economía.

Volume (Year): 23 (1986)
Issue (Month): 69 ()
Pages: 173-200
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Handle: RePEc:ioe:cuadec:v:23:y:1986:i:69:p:173-200

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  1. Hay, George A, 1970. "Production, Price, and Inventory Theory," American Economic Review, American Economic Association, vol. 60(4), pages 531-45, September.
  2. Franco Modigliani, 1958. "New Developments on the Oligopoly Front," Journal of Political Economy, University of Chicago Press, vol. 66, pages 215. [Downloadable!] (restricted)
  3. A. Michael Spence, 1977. "Entry, Capacity, Investment and Oligopolistic Pricing," Bell Journal of Economics, The RAND Corporation, vol. 8(2), pages 534-544, Autumn. [Downloadable!] (restricted)
  4. Friedman, J W, 1969. "On Experimental Research in Oligopoly," Review of Economic Studies, Blackwell Publishing, vol. 36(108), pages 399-415, October. [Downloadable!] (restricted)
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  5. Howe, M, 1973. "A Study of Trade Association Price Fixing," Journal of Industrial Economics, Blackwell Publishing, vol. 21(3), pages 236-56, July. [Downloadable!] (restricted)
  6. Green, Edward J & Porter, Robert H, 1984. "Noncooperative Collusion under Imperfect Price Information," Econometrica, Econometric Society, vol. 52(1), pages 87-100, January. [Downloadable!] (restricted)
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  7. Riley, John G, 1979. "Informational Equilibrium," Econometrica, Econometric Society, vol. 47(2), pages 331-59, March. [Downloadable!] (restricted)
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  8. Michael Waldman, 1984. "The Role of Integrity in Economic Interaction," UCLA Economics Working Papers 350, UCLA Department of Economics. [Downloadable!]
  9. Kreps, David M. & Wilson, Robert, 1982. "Reputation and imperfect information," Journal of Economic Theory, Elsevier, vol. 27(2), pages 253-279, August. [Downloadable!] (restricted)
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  10. Orr, Dale, 1974. "An Index of Entry Barriers and Its Application to the Market Structure Performance Relationship," Journal of Industrial Economics, Blackwell Publishing, vol. 23(1), pages 39-49, September. [Downloadable!] (restricted)
  11. Leland, Hayne E, 1972. "Theory of the Firm Facing Uncertain Demand," American Economic Review, American Economic Association, vol. 62(3), pages 278-91, June. [Downloadable!] (restricted)
  12. Klein, Benjamin & Leffler, Keith B, 1981. "The Role of Market Forces in Assuring Contractual Performance," Journal of Political Economy, University of Chicago Press, vol. 89(4), pages 615-41, August. [Downloadable!] (restricted)
  13. Lustgarten, Steven H, 1975. "The Impact of Buyer Concentration in Manufacturing Industries," The Review of Economics and Statistics, MIT Press, vol. 57(2), pages 125-32, May. [Downloadable!] (restricted)
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