Does multimarket contact facilitate tacit collusion? Inference on conduct parameters in the airline industry.

We provide empirical evidence that multimarket contact facilitates tacit collusion among airlines using a flexible model of oligopolistic behavior, where conduct parameters are modelled as functions of multimarket contact. We find (i) carriers with little multimarket contact do not cooperate in sett...

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Publicado en:	RAND Journal of Economics (Wiley-Blackwell) Vol. 45; no. 4; pp. 764 - 792
Autores principales:	Ciliberto, Federico, Williams, Jonathan W.
Formato:	Artículo
Publicado:	Wiley-Blackwell Winter2014
Materias:	Consumer behavior Competitor orientation Direct costing Cost estimates Airline industry
Acceso en línea:	Ver este registro en EBSCOhost