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Collusion in Industrial Economics—A Survey
collusion capacity constraints international oligopolies competition policy leniency programs
2010/11/5
The aim of this paper is to summarize the theory of (implicit) collusion in the framework of
infinitely repeated games, and in particular, to survey the comprehensive literature exploring which facto...
This note comments on Feuerstein’s (2005) summary of the literature on collusion in infinitely repeated games. I specifically address firm asymmetries and settings in which punishments can be asymmetr...
Collusion in Industrial Economics—A Rejoinder
collusion optimal punishment competition policy
2010/11/5
This rejoinder responds to some issues raised in the comments to my survey on collusion. The
focus is on different assumptions on the punishment phase and on some aspects of competition policy.
How to Fight Hard Core Cartels? Comments on Collusion in Industrial Economics
collusion antitrust enforcement
2010/11/5
Industrial economics has successfully clarified the mechanism of collusive conduct and its
facilitating factors. But policy implications for remedial actions are less straightforward. This paper prov...