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THE ECONOMICS OF REGIONAL DEMARCATION IN BANKING
Banking Competition Cooperation Non-Profit Firms
2011/10/29
The European Commission criticized cooperation among savings and cooperative banks for potentially anticompetitive effects. Using an industrial economics model of banks taking deposits and giving loan...
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...
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...