Monday, February 16, 2015
Endogenous cartel formation: Experimental evidence
Miguel A. Fonseca, Exeter and Hans-Theo Normann, DICE examine Endogenous cartel formation: Experimental evidence. ABSTRACT: In a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they may get fined by a cartel authority....
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