IDEAS home Printed from https://ideas.repec.org/a/prs/recoru/ecoru_0013-0559_2003_num_277_1_5438.html
   My bibliography  Save this article

Structures de marché et pratiques facilitant la collusion une approche par la théorie des jeux répétés

Author

Listed:
  • Thierry Pénard

Abstract

[fre] Ces dernières années, les secteurs liés à l'agro-alimentaire ont été particulièrement actifs en matière de cartel et de collusion (Vitamine, acide citrique, lysine...). L'objectif de cet article est de comprendre comment ces cartels ont pu se mettre en place et se maintenir pendant de nombreuses années. Pour cela, nous mobilisons la théorie des jeux répétés qui fournit le meilleur cadre d'analyse des phénomènes de collusion. En particulier, les jeux répétés permettent d'identifier les structures de marché propices à la collusion. Cette théorie permet aussi de mieux apprécier le rôle que peuvent jouer au sein d'un cartel certaines pratiques comme des échanges d'information, des guerres de prix ou des surinvestissements en capacités. A partir des principaux enseignements des jeux répétés, nous procédons à une relecture d'une des décisions des autorités européennes relative au cartel de la lysine. [eng] Collusive market structures and facilitating practices through the repeated games lens - Agricultural and food industries have been largely involved in cartel activities (Vitamins, citric acid, lysine, sugar. . .) for the last decade. This article aims at understanding how these cartels have succeeded in implementing and enforcing collusive agreements. First I show that repeated games are the best theoretical framework to analyze collusion. This theory allows to identify the market structures that facilitate collusion. It also allows to evaluate much better the role of some practices inside a cartel, like exchanges of information, price wars or excess of capacity. Then repeated games are applied to the lysine case to provide some insights on the observed behaviors of lysine cartel members.

Suggested Citation

  • Thierry Pénard, 2003. "Structures de marché et pratiques facilitant la collusion une approche par la théorie des jeux répétés," Économie rurale, Programme National Persée, vol. 277(1), pages 80-98.
  • Handle: RePEc:prs:recoru:ecoru_0013-0559_2003_num_277_1_5438 Note: DOI:10.3406/ecoru.2003.5438
    as

    Download full text from publisher

    File URL: http://dx.doi.org/doi:10.3406/ecoru.2003.5438
    Download Restriction: no

    File URL: http://www.persee.fr/doc/ecoru_0013-0559_2003_num_277_1_5438
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Berg, Sigbjorn Atle, 1986. "Excess capacity and the degree of collusion : The Norwegian experience, 1967-82," International Journal of Industrial Organization, Elsevier, vol. 4(1), pages 99-107, March.
    2. Abreu, Dilip, 1988. "On the Theory of Infinitely Repeated Games with Discounting," Econometrica, Econometric Society, vol. 56(2), pages 383-396, March.
    3. B. Douglas Bernheim & Michael D. Whinston, 1990. "Multimarket Contact and Collusive Behavior," RAND Journal of Economics, The RAND Corporation, vol. 21(1), pages 1-26, Spring.
    Full references (including those not matched with items 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:prs:recoru:ecoru_0013-0559_2003_num_277_1_5438. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE). General contact details of provider: http://www.persee.fr/collection/ecoru .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.