Tacit Collusion in Price-Setting Oligopoly:A Puzzle Redux

Edisi

-

ISBN/ISSN

-

Deskripsi Fisik

Southern Economic Journal, 79(3), 703-726

Judul Seri

Southern Economic Journal

No. Panggil

-

Regulating the Anticommons: Insights from Public-Expenditure Theory

This article offers a new interpretation of the traditional Cournot complements problem, or anticommons, by using the theory of public goods to gain a perspective on the problem. Specifically, I examine the pricing strategies and regulation of multiple monopolies that produce products which consumers view as perfect complements. I show that collusion by the firms increases total social welfare …