Tacit Collusion in the Presence of Cyclical Demand and Endogenous Capacity Levels
收藏NBER2006-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12635
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资源简介：
We analyze tacit collusion in an industry characterized by cyclical demand and long-run scale decisions; firms face deterministic demand cycles and choose capacity levels prior to competing in prices. Our focus is on the nature of prices. We find that two types of price wars may exist. In one,
提供机构：
美国国家经济研究局
创建时间：
2006-10-01
