Post-cartel tacit collusion: Determinants, consequences, and prevention
Volume: 70, Pages: 102590 - 102590
Published: May 1, 2020
Abstract
We experimentally investigate the determinants of post-cartel tacit collusion (PCTC), the effects of PCTC on market outcomes, and potential policy measures aimed at its prevention. PCTC occurs robustly with or without fines or leniency and is determined both by collusive price hysteresis and learning about cartel partners’ characteristics and strategies. As a result, it is also strongly related to the preceding cartel success. PCTC generates a...
Paper Details
Title
Post-cartel tacit collusion: Determinants, consequences, and prevention
Published Date
May 1, 2020
Volume
70
Pages
102590 - 102590
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