|
|||||
|
|
Mergers and the sustainability of collusion in a Cournot-Nash supergame |
|
| Authors: | Stephen D Oliner |
| Institution: | University of Wisconsin, Madison, WI 53706, USA |
| Abstract: | Cartels may apportion profit among member firms in any number of ways. This paper demonstrates that in a Cournot-Nash supergame the impact of mergers on the sustainability of industrywide collusion depends crucially on the choice of such an apportionment scheme. |
| Keywords: | |
| 本文献已被 ScienceDirect 等数据库收录！ | |