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- W1574289384 abstract "This paper contributes to the analysis of tacit collusion in quantity setting supergames involving cost-asymmetric rms. Asymmetry is dealt with by assuming that rms have a dierent share of a specic asset which aects marginal costs. The model extends optimal punishment schemes in the style of Abreu (1986, 1988) and provides conditions for industry-wide collusion to be enforced. From the analysis of the impact of asset transfers on the sustainability of tacit collusion, merger policy implications can be drawn. In particular, it is shown that if the merger induces an increase in the inequality of asset holdings, this will hinder collusion." @default.
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- W1574289384 date "2001-01-01" @default.
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- W1574289384 title "Tacit Collusion, Cost Asymmetries and Mergers" @default.
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