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  • 1.
    Muren, Astri
    et al.
    Stockholms universitet.
    Pyddoke, Roger
    Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics Stockholm.
    Collusion without communication2006In: Information Economics and Policy, ISSN 0167-6245, E-ISSN 1873-5975, Vol. 18, no 1, p. 43-54Article in journal (Refereed)
    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.

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