G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9362
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
URLhttps://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.
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