Collusion and heterogeneity of firms.
We examine the impact of heterogeneous discounting on collusion in dynamic Bertrand competition. We show exactly when collusion can be sustained and how collusion would be organized efficiently with heterogeneous discounting. First, we show that collusion is possible if and only if the average disco...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 48; no. 1; pp. 230 - 250 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Spring2017
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |