Collusion in Industrial Economics—A Survey
Switgard Feuerstein ()
Journal of Industry, Competition and Trade, 2005, vol. 5, issue 3, 163-198
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 factors make collusion easier or more difficult to sustain. On this basis, the existing empirical studies and the experimental results will be discussed. Policy options as e.g. leniency programs are also analyzed. Although the number of clear cut policy conclusions is limited, understanding thoroughly the mechanisms of collusion is important for (anti-trust) policies. Copyright Springer Science + Business Media, Inc. 2005
Keywords: collusion; capacity constraints; international oligopolies; competition policy; leniency programs (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (43) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kap:jincot:v:5:y:2005:i:3:p:163-198
Ordering information: This journal article can be ordered from
http://www.springer. ... on/journal/10842/PS2
Access Statistics for this article
Journal of Industry, Competition and Trade is currently edited by Karl Aiginger, Marcel Canoy and Michael Peneder
More articles in Journal of Industry, Competition and Trade from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().