IDEAS home Printed from https://ideas.repec.org/a/bla/jindec/v36y1987i2p147-74.html
   My bibliography  Save this article

Costs of Maintaining a Cartel

Author

Listed:
  • Lanning, Steven G

Abstract

The costs of operating a cartel are determined by the effort spent on policing member firms and errors in detection of cheaters. An output review is modeled that may be used with tr igger pricing. In the presence of a Wiener process to describe distur bances in demand, the cartel uses trigger pricing first and then swit ches to an output review. Costs generated by cartel maintenance affec t social welfare and provide a foundation for analyzing the impact of a cartel on society. Copyright 1987 by Blackwell Publishing Ltd.

Suggested Citation

  • Lanning, Steven G, 1987. "Costs of Maintaining a Cartel," Journal of Industrial Economics, Wiley Blackwell, vol. 36(2), pages 147-174, December.
    • Handle: RePEc:bla:jindec:v:36:y:1987:i:2:p:147-74
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0022-1821%28198712%2936%3A2%3C147%3ALAT%3E2.0.CO%3B2-K&origin=bc
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Carroll, Charles, 1998. "Interdependence and the social structure of rivalry," Research Report 98B24, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    2. repec:dgr:rugsom:98b24 is not listed on IDEAS

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jindec:v:36:y:1987:i:2:p:147-74. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0022-1821 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.