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Standardization and the Stability of Collusion

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Author Info
Luca Lambertini (Institute of Economics, University of Copenhagen)
Sougata Poddar (Institute of Economics, University of Copenhagen)
Dan Sasaki (Institute of Economics, University of Copenhagen)

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Abstract

We characterize the interplay between firms’ decision in terms of product standardization and the nature of their ensuing market behaviour. We prove the existence of a non-monotone relationship between firms’ decision at the product stage and their intertemporal preferences.

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Publisher Info
Paper provided by University of Copenhagen. Department of Economics. Centre for Industrial Economics in its series CIE Discussion Papers with number 1997-14.

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Length: 9 pages
Date of creation: Jun 1997
Date of revision:
Publication status: Published in: Economics Letters. March 1998; 58(3): 303-10
Handle: RePEc:kud:kuieci:1997-14

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Web page: http://www.econ.ku.dk/cie/
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Related research
Keywords: FJVs; product innovation; collusion;

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Find related papers by JEL classification:
D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Tom Ross, 1990. "Cartel Stability And Product Differentiation," Carleton Industrial Organization Research Unit (CIORU) 90-04, Carleton University, Department of Economics.
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Luca Lambertini & Francesca Lotti & Enrico Santarelli, 2004. "Infra-industry spillovers and R&D cooperation: Theory and evidence," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 13(4), pages 311-328, June. [Downloadable!] (restricted)
  2. L. Lambertini & A. Mantovani, 2004. "Process and Product Innovation: a Differential Game Approach to Product Life Cycle," Working Papers 529, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
  3. L. Lambertini & F. Lotti & E. Santarelli, 2000. "R&D Cooperation: Theory and Evidence," Working Papers 371, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
  4. L. Lambertini & A. Mantovani & G. Rossini, 2001. "R&D in transport and comunication in a Cournot duopoly," Working Papers 401, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
  5. R. Cellini & L. Lambertini, 2003. "Dynamic R&D with Spillovers: Competition vs Cooperation," Working Papers 495, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
    Other versions:
  6. L. Lambertini & M. Trombetta, 1997. "May Delegation Affect Firms' Ability to Collude?," Working Papers 275, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
  7. R. Cellini & L. Lambertini, 2000. "Differential Games and Oligopoly Theory: An Overview," Working Papers 369, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
  8. Noriaki Matsushima & Tomomichi Mizuno, 2009. "Input specificity and product differentiation," ISER Discussion Paper 0745, Institute of Social and Economic Research, Osaka University. [Downloadable!]
  9. L. Lambertini & A. Mantovani, 2005. "Process and Product Innovation by a Multiproduct Monopolist: A Dynamic Approach," Working Papers 551, Dipartimento Scienze Economiche, Universita' di Bologna. [Downloadable!]
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