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.
- ISBN13 9781933019406
- Publish Date 22 August 2006
- Publish Status Active
- Publish Country US
- Imprint now publishers Inc
- Format Paperback
- Pages 118
- Language English
- URL https://nowpublishers.com/article/Details/MIC-021