On the stability of collusive price leadership
The gains from cartel formation and the stability of a dominant cartel are investigated for the price-leadership model. We show that there is a general interest in the establishment of a cartel with the competitive fringe reaping a disproportionate share of the benefits. In contrast to results invol...
Main Authors: | D'Aspremont, Claude, Jacquemin, Alexis, Gabszewicz, Jean Jaskold, Weymark, John A |
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Format: | Book |
Published: |
Toronto
Canadian Economics Association
February 1983
|
Series: | The Canadian Journal of Economics
n. 1 |
Subjects: |
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