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- W2149783669 abstract "Conscious parallelism refers to collusive forms of parallel pricing in oligopoly. In this paper, four distinct pricing methods which all impose some form of parallel conduct are analysed. The pricing methods maximize joint profits if, and only if, firms are symmetric. With asymmetries in cost, total gains from collusion are reduced and absolute and relative collusive gains differ between firms. For many collusive optima, low-cost firms have only little to gain from conscious parallelism. This is particularly the case when the degree of product homogeneity is high." @default.
- W2149783669 created "2016-06-24" @default.
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- W2149783669 date "2000-08-01" @default.
- W2149783669 modified "2023-09-24" @default.
- W2149783669 title "Conscious Parallelism in Asymmetric Oligopoly" @default.
- W2149783669 doi "https://doi.org/10.1111/1467-999x.00095" @default.
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