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When imperfect collusion is profitable

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  • Andrea Lofaro

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  • Andrea Lofaro, 1999. "When imperfect collusion is profitable," Journal of Economics, Springer, vol. 70(3), pages 235-259, October.
    • Handle: RePEc:kap:jeczfn:v:70:y:1999:i:3:p:235-259
    DOI: 10.1007/BF01224738
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    References listed on IDEAS

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    1. Donsimoni, Marie-Paule & Economides, Nicholas S & Polemarchakis, Herakles M, 1986. "Stable Cartels," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 27(2), pages 317-327, June.
    2. Green, Edward J & Porter, Robert H, 1984. "Noncooperative Collusion under Imperfect Price Information," Econometrica, Econometric Society, vol. 52(1), pages 87-100, January.
    3. Macleod, W. Bentley, 1985. "A theory of conscious parallelism," European Economic Review, Elsevier, vol. 27(1), pages 25-44, February.
    4. Kihlstrom, Richard E. & Vives, Xavier, 1989. "Collusion by asymmetrically informed duopolists," European Journal of Political Economy, Elsevier, vol. 5(2-3), pages 371-402.
    5. Sherrill Shaffer, 1990. "Stable cartels with a Cournot fringe," Working Papers 90-24, Federal Reserve Bank of Philadelphia.
    6. Cramton, Peter C & Palfrey, Thomas R, 1990. "Cartel Enforcement with Uncertainty about Costs," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(1), pages 17-47, February.
    7. Porter, Robert H., 1983. "Optimal cartel trigger price strategies," Journal of Economic Theory, Elsevier, vol. 29(2), pages 313-338, April.
    8. Reinhard Selten, 1973. "A Simple Model of Imperfect Competition, where 4 are Few and 6 are Many," Center for Mathematical Economics Working Papers 008, Center for Mathematical Economics, Bielefeld University.
    9. Phlips,Louis, 1995. "Competition Policy," Cambridge Books, Cambridge University Press, number 9780521498715.
    10. Roberts, Kevin, 1985. "Cartel Behaviour and Adverse Selection," Journal of Industrial Economics, Wiley Blackwell, vol. 33(4), pages 401-413, June.
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    Cited by:

    1. Mariana Cunha & Paula Sarmento, 2014. "Does Vertical Integration Promote Downstream Incomplete Collusion? An Evaluation of Static and Dynamic Stability," Journal of Industry, Competition and Trade, Springer, vol. 14(1), pages 1-38, March.
    2. Marc Escrihuela-Villar, 2009. "A note on cartel stability and endogenous sequencing with tacit collusion," Journal of Economics, Springer, vol. 96(2), pages 137-147, March.
    3. Ludwig Auer & Tu Anh Pham, 2023. "Imperfect collusion in monitored markets with free entry," Journal of Economics, Springer, vol. 140(3), pages 181-207, December.
    4. Manel Antelo & David Peón, 2019. "On Cooperation Through Alliances and Mergers," Journal of Industry, Competition and Trade, Springer, vol. 19(2), pages 263-279, June.
    5. Srabana Gupta, 2002. "Competition and collusion in a government procurement auction market," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 30(1), pages 13-25, March.
    6. Okullo, Samuel J. & Reynès, Frédéric, 2016. "Imperfect cartelization in OPEC," Energy Economics, Elsevier, vol. 60(C), pages 333-344.
    7. Ludwig Auer & Tu Anh Pham, 2021. "Optimal destabilization of cartels," Journal of Regulatory Economics, Springer, vol. 59(2), pages 175-192, April.
    8. Ludwig von Auer & Tu Anh Pham, 2023. "Imperfect Collusion On Surveilled Markets With Free Entry," Research Papers in Economics 2023-05, University of Trier, Department of Economics.

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    More about this item

    Keywords

    imperfect collusion; cartel stability; L13; L41;
    All these keywords.

    JEL classification:

    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices

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