An examination of collusive behavior: what it is, why it is profitable, how it is implemented,
and how it might be detected. Explicit collusion is an agreement among competitors to …

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 …

Contrary to conventional wisdom, this article argues that trade liberalization may facilitate
collusion and reduce welfare. With the help of a duopoly model in which firms interact …

We study the role of communication in collusive market sharing. In a series of Cournot
oligopoly experiments with multiple markets, we vary the information that firms can …

Oligopoly means competition among the few, and the study of markets with a relatively small
number of large firms is an important branch of industrial organisation and microeconomics …

The purpose of this article is to investigate the prospects for entry into an existing network in
the telecommunication industry, and how public policy may promote a more competitive …

This paper analyses the scope for collusive behaviour within the context of an international
duopoly supergame in which both firms and monopoly labour unions interact strategically …

That collusion among sellers hurts buyers is a central tenet in economics. We provide an
oligopoly model in which collusion can raise consumer surplus. A differentiated‐product …

We consider an international cartel whose members interact repeatedly in their own as well
as in third‐country markets. Cartel discipline—an inverse measure of the degree of …

We develop a supergame model of collusion between price-setting oligopolists located in
different markets separated by trade costs. The firms produce a homogeneous good and …