Leadership Cartels in Industries with Differentiated Products
Abstract
This article analyses cartels that act as a Stackelberg leader with respect to a competitive fringe in industries supplying differentiated products. The main objectives are to investigate how cartel stability changes with the degree of differentiation and the cartel size, to predict endogenous cartels and to carry out a welfare analysis. Both repeated and static games are considered as well as industries competing in quantities and prices.Download Info
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Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 590.Length: 30 pages
Date of creation: 2001
Date of revision:
Handle: RePEc:wrk:warwec:590
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Related research
Keywords: CARTELS ; GAMES ; COMPETITION ; SIZE OF INDUSTRY;Find related papers by JEL classification:
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
References
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UBC Departmental Archives
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Carleton Industrial Organization Research Unit (CIORU)
90-04, Carleton University, Department of Economics.
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The Warwick Economics Research Paper Series (TWERPS)
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Marc Escrihuela-Villar, 2009. "Does cartel leadership facilitate collusion?," DEA Working Papers 39, Universitat de les Illes Balears, Departament d'EconomÃa Aplicada.
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