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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9362 |
DP9362 Anatomy of Cartel Contracts | |
Frode Steen; Otto Toivanen; Ari Hyytinen | |
发表日期 | 2013-02-24 |
出版年 | 2013 |
语种 | 英语 |
摘要 | We study cartel contracts using data on 18 contract clauses of 109 legal Finnish manufacturing cartels. One third of the clauses relate to raising profits; the others deal with instability through incentive compatibility, cartel organization, or external threats. Cartels use three main approaches to raise profits: Price, market allocation, and specialization. These appear to be substitutes. Choosing one has implications on how cartels deal with instability. Simplifying, we find that large cartels agree on prices, cartels in homogenous goods industries allocate markets, and small cartels avoid competition through specialization. |
主题 | Industrial Organization |
关键词 | Antitrust Cartels Competition policy Contracts Industry heterogeneity |
URL | https://cepr.org/publications/dp9362 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538198 |
推荐引用方式 GB/T 7714 | Frode Steen,Otto Toivanen,Ari Hyytinen. DP9362 Anatomy of Cartel Contracts. 2013. |
条目包含的文件 | 条目无相关文件。 |
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