Data/hora: 17/06/2024 14:31:13

Provedor de dados: | 31
País: | United States
Título: | Collusion and seasonality of market price - A case of fixed market shares
Autores: | Bejger,   Sylwester.
Data: | 2010-07-27
Ano: | 2010
Palavras-chave: | Collusion; Repeated games; Fixed market shares; Seasonality of market price; Financial Economics; L11; L13; L41.
Resumo: | The paper develops a simple supergame model of collusion that focuses on the role of fixed (exogenous to game played) system of quantity market shares. Conclusions implied by the model could be used to motivate data - saving markers of collusion based on market price behavior. Following conclusions of the theoretical model we propose marker of collusion based on detecting changes in seasonal parameters of prices in periods of possible collusion. An empirical application of method has been done on well known data of Lysine cartel case.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

ISSN  1804-1205 (Print) ISSN  1804-5006 (Online)

http://purl.umn.edu/95962

Relação: | Business and Economic Horizons&gt;Volume 02, Issue 02, July 2010
Formato: | 12