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来源类型Working Paper
规范类型报告
DOI10.3386/w8145
来源IDWorking Paper 8145
Rules, Communication and Collusion: Narrative Evidence from the Sugar Institute Case
David Genesove; Wallace P. Mullin
发表日期2001-03-01
出版年2001
语种英语
摘要Detailed notes on weekly meetings of the sugar refining cartel show how communication helps firms collude, and so highlight the deficiencies in the current formal theory of collusion. The Sugar Institute did not fix prices or output. Prices were increased by homogenizing business practices to make price cutting more transparent. Meetings were used to interpret and adapt the agreement, coordinate on jointly profitable actions, ensure unilateral actions were not misconstrued as cheating, and determine whether cheating had occurred. In contrast to established theories, cheating did occur, but sparked only limited retaliation, partly due to the contractual relations with selling agents.
主题Industrial Organization ; Market Structure and Firm Performance ; Antitrust
URLhttps://www.nber.org/papers/w8145
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/565741
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David Genesove,Wallace P. Mullin. Rules, Communication and Collusion: Narrative Evidence from the Sugar Institute Case. 2001.
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