The Economics of Collusion
Cartels and Bidding Rings
$70.86
- Paperback
314 pages
- Release Date
10 January 2014
Summary
An examination of collusive behavior- what it is, why it is profitable, how it is implemented, and how it might be detected.Explicit collusion is an agreement among competitors to suppress rivalry that relies on interfirm communication and/or transfers. Rivalry between competitors erodes profits; the suppression of rivalry through collusion is one avenue by which firms can enhance profits. Many cartels and bidding rings function for years in a stable and peaceful manner despite the illegality…
Book Details
| ISBN-13: | 9780262525947 |
|---|---|
| ISBN-10: | 0262525941 |
| Author: | Robert C. Marshall, Leslie M. Marx |
| Publisher: | MIT Press Ltd |
| Imprint: | MIT Press |
| Format: | Paperback |
| Number of Pages: | 314 |
| Release Date: | 10 January 2014 |
| Weight: | 399g |
| Dimensions: | 229mm x 152mm x 16mm |
| Series: | The MIT Press |
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About The Author
Robert C. Marshall
Robert C. Marshall is Liberal Arts Research Professor of Economics at the Pennsylvania State University.Leslie M. Marx, a former Chief Economist at the U.S. Federal Communication Commission, is Robert A. Bandeen Professor of Economics at the Fuqua School of Business at Duke University.
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