Imperfect collusion in an asymmetric duopoly

Abstract: Using the coefficient of cooperation, we analyse the effect of cost asymmetries on collusive agreements when firms are able to coordinate on distinct output levels than the unrestricted joint profit maximization outcome. In this context, we first investigate the extent to which collusive a...

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Bibliographic Details
Main Authors: Escrihuela-Villar,Marc, Gutiérrez-Hita,Carlos
Language:English
Published: Universidad de Chile. Departamento de Economía 2018
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Online Access:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862018000100029
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