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Collusion-Proof Yardstick Competition

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  • Tangeras, T.P.

Abstract

This paper analyses the incentives for collusion when an industry is regulated by means of yardstick competition. The central assumption is that firms must write collusive side contracts before the revelation of private information are unable to communicate later.

Suggested Citation

  • Tangeras, T.P., 1999. "Collusion-Proof Yardstick Competition," Papers 674, Stockholm - International Economic Studies.
    • Handle: RePEc:fth:stocin:674
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    References listed on IDEAS

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    More about this item

    Keywords

    COMPETITION ; COLLUSION ; REGULATION;
    All these keywords.

    JEL classification:

    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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