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Collusion without communication
Stockholms universitet.
Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics Stockholm.ORCID iD: 0000-0001-7976-5628
2006 (English)In: Information Economics and Policy, ISSN 0167-6245, E-ISSN 1873-5975, Vol. 18, no 1, 43-54 p.Article in journal (Refereed) Published
Abstract [en]

We study tacit collusion by investigating experimentally the effect of explicit instructions on how to coordinate prices. We find:

  1. no tacit collusion in triopoly markets even with explicit instructions on how to coordinate
  2. increased tacit collusion with explicit instructions in duopoly markets.

The results suggest that there are additional factors than the difficulty of finding a collusive pricing scheme, that effectively limit tacit collusion.

Place, publisher, year, edition, pages
2006. Vol. 18, no 1, 43-54 p.
Keyword [en]
Price, Decision process, Contract
National Category
Economics
Research subject
SAB, Q Economics
Identifiers
URN: urn:nbn:se:vti:diva-6595DOI: 10.1016/j.infoecopol.2005.10.001ISI: 000235268600003OAI: oai:DiVA.org:vti-6595DiVA: diva2:681193
Available from: 2013-12-19 Created: 2013-12-19 Last updated: 2017-02-22Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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