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    题名: Cartel Pricing Dynamics with Cost Variability and Endogenous Buyer Detection
    作者: Joseph E. Harrington Jr.;Joe Chen
    贡献者: 財政系
    关键词: Collusion;Cartel detection;Antitrust
    日期: 2006
    上传时间: 2014-11-03 16:09:19 (UTC+8)
    摘要: This paper characterizes collusive pricing patterns when buyers may detect the presence of a cartel. Buyers are assumed to become suspicious when observed prices are anomalous. We find that the cartel price path is comprised of two phases. During the transitional phase, price is generally rising and relatively unresponsive to cost shocks. During the stationary phase, price responds to cost but is much less sensitive than under non-collusion or simple monopoly; a low price variance may then be a collusive marker. Compared to when firms do not collude, cost shocks take a longer time to pass-through to price.
    關聯: International Journal of Industrial Organization, 24(6), 1185-1212.
    数据类型: article
    DOI 連結: http://dx.doi.org/10.1016/j.ijindorg.2006.04.012
    DOI: 10.1016/j.ijindorg.2006.04.012
    显示于类别:[財政學系] 期刊論文

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