An examination of collusive behavior: what it is, why it is profitable, how it is implemented, and how it might be detected.Explicit collusion is an agreement among competitors to suppress rivalry that relies on interfirm communication and/or transfers. Rivalry between competitors erodes profits; the suppression of rivalry through collusion is one avenue by which firms can enhance profits. Many ca...
Series: The MIT Press
Paperback: 314 pages
Publisher: The MIT Press (January 10, 2014)
Product Dimensions: 6 x 0.6 x 9 inches
Amazon Rank: 475588
Format: PDF Text TXT ebook
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Have not seen anything as thorough on the topic of monopolies and lesser collusions. Worth reading for the lay person and all involved in the topic including company CEOs. Marshall and Marx have done a real service. It is a technical book but includ...
Discussion questions are included for individual and small-group use. They teach morals in a fun and non preachy way through the often naughty characters learning that choosing the right action often leads to rewards.
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