A test of collusive behavior based on incentives
This paper proposes a novel collusion test based on the analysis of incentives faced by each firm in a colluding coalition. In fact, once collusion is in effect, each colluding firm faces the incentive to secretly deviate from the agreement, since it thereby increases its profits, although the collu...
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| Format: | workingPaper |
| Language: | eng |
| Published: |
2018
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10400.3/4820 |
| Country: | Portugal |
| Oai: | oai:repositorio.uac.pt:10400.3/4820 |