Comparing cartel behavior: A simulation analysis with the System of Cartel Markers (SCM)
AbstractThis work simulates the behavior of a price, quota and regional cartel in terms of indicators such as price, capacity and rate of return. As a first step the specific behavior patterns of each cartel are indicated in a graphical analysis before a comparison to a competitive benchmark has been implemented. In a second step simulation data has been applied to the System of Cartel Markers (SCM) invented by Blanckenburg and Geist. The SCM uses empirical correlation and stationarity of indicators to provide empirical evidence for cartel behavior. For the simulated cartel data the SCM delivered consistent results which underline its functionality for simulation purposes. --
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Center of Applied Economic Research Münster (CAWM), University of Münster in its series CAWM Discussion Papers with number 41.
Date of creation: 2010
Date of revision:
Other versions of this item:
- Jan Hendrik Preißler-Jebe, Korbinian von Blanckenburg, Alexander Geist, . "Comparing Cartel Behavior: A Simulation Analysis with the System of Cartel Markers (SCM)," Working Papers, Institute of Spatial and Housing Economics, Munster Universitary 201041, Institute of Spatial and Housing Economics, Munster Universitary.
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.:
- Harrington, Joseph E., 2006. "How Do Cartels Operate?," Foundations and Trends(R) in Microeconomics, now publishers, now publishers, vol. 2(1), pages 1-105, August.
- Osborne, Martin J & Pitchik, Carolyn, 1987.
"Equilibrium in Hotelling's Model of Spatial Competition,"
Econometrica, Econometric Society,
Econometric Society, vol. 55(4), pages 911-22, July.
- Martin J Osborne & Carolyn Pitchik, 1985. "Equilibrium in Hotelling's Model of Spatial Competition," Department of Economics Working Papers 1985-02, McMaster University.
- Brown, A. Blake & Martin, Laura L., 1996. "Price Versus Quota Reductions: U.S. Flue-Cured Tobacco Policy," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, Southern Agricultural Economics Association, vol. 28(02), December.
- Joseph E. Harrington, Jr, 2006. "How Do Cartels Operate?," Economics Working Paper Archive, The Johns Hopkins University,Department of Economics 531, The Johns Hopkins University,Department of Economics.
- Alexander Schiersch & Jens Schmidt-Ehmcke, 2010. "Empiricism Meets Theory: Is the Boone-Indicator Applicable?," Discussion Papers of DIW Berlin 1030, DIW Berlin, German Institute for Economic Research.
- Korbinian Blanckenburg & Alexander Geist, 2011. "Detecting illegal activities: the case of cartels," European Journal of Law and Economics, Springer, Springer, vol. 32(1), pages 15-33, August.
- Bresnahan, T.F & Reiss, P.C., 1989.
"Entry And Competition In Concentrated Markets,"
Papers, Stanford - Studies in Industry Economics
151, Stanford - Studies in Industry Economics.
- Bresnahan, Timothy F & Reiss, Peter C, 1991. "Entry and Competition in Concentrated Markets," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 99(5), pages 977-1009, October.
- Benoit, Jean-Pierre & Krishna, Vijay, 1985. "Finitely Repeated Games," Econometrica, Econometric Society, Econometric Society, vol. 53(4), pages 905-22, July.
- Korbinian Blanckenburg & Alexander Geist & Konstantin A. Kholodilin, 2012.
"The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases,"
German Economic Review, Verein für Socialpolitik,
Verein für Socialpolitik, vol. 13(3), pages 245-256, 08.
- Korbinian von Blanckenburg & Alexander Geist & Konstantin A. Kholodilin, 2010. "The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases," Discussion Papers of DIW Berlin 1004, DIW Berlin, German Institute for Economic Research.
- Geroski, Paul A & Jacquemin, Alexis, 1988. "The Persistence of Profits: A European Comparison," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 98(391), pages 375-89, June.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics).
If references are entirely missing, you can add them using this form.