EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/52494
  
Title:Tacit collusion under imperfect monitoring in the Canadian manufacturing industry: An empirical study PDF Logo
Authors:Resende, Marcelo
Zeidan, Rodrigo M.
Issue Date:2011
Series/Report no.:CESifo working paper: Industrial Organisation 3623
Abstract:The paper undertakes a cross-sectoral analysis of a salient empirical implication of the model of tacit collusion advanced by Abreu et al (1986). Specifically, the prevalence of a first order Markovian process for alternating between price wars and collusive periods is assessed by means of non-parametric tests. The analysis focuses on 30 different industries in Canada. The evidence provides weak support for optimal collusion in one industry, which is consistent with the idea that such collusive arrangements are unusual.
Subjects:tacit collusion
game theory
Canada
price war
JEL:L13
L22
L61
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

Files in This Item:
File Description SizeFormat
671597426.pdf163.3 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/52494

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.