How Do Cartels Operate? Paperback / softback
by Joseph E., Jr. Harrington
Part of the Foundations and Trends (R) in Microeconomics series
Paperback / softback
Description
What does cartel behavior look like? How is it distinguishable from competitive behavior?How Do Cartels Operate? answers these questions by examining cartels and exploring how they operate.
It describes a collusive outcome in terms of price and an allocation of market supply, how a collusive outcome is monitored and enforced, and how a cartel's organizational structure is designed.
The book provides an understanding of how cartels operate and generates a rich set of collusive markers based on market data.
In addition, this analysis has implication for future directions in the theory of cartels.
By identifying empirical regularities and institutional features of hard-core cartels, this can be used to guide theoretical modeling. The book describes cartel behavior and provides a behavioral screening approach to identify patterns in market data consistent with a cartel operating.
It is an invaluable resource for policy-makers in regulatory environments and researchers studying the industrial organization of cartels.
Information
-
Item not Available
- Format:Paperback / softback
- Pages:118 pages
- Publisher:now publishers Inc
- Publication Date:22/08/2006
- Category:
- ISBN:9781933019406
Information
-
Item not Available
- Format:Paperback / softback
- Pages:118 pages
- Publisher:now publishers Inc
- Publication Date:22/08/2006
- Category:
- ISBN:9781933019406