Collusive Investments in Technological Compatibility: Lessons from U.S. Railroads in the Late 19th Century
收藏NBER2019-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w26261
下载链接
链接失效反馈官方服务:
资源简介:
Collusion is widely condemned for its negative effects on consumer welfare and market efficiency. In this paper, I show that collusion may also in some cases facilitate the creation of unexpected new sources of value. I bring this possibility into focus through the lens of a historical episode from
提供机构:
美国国家经济研究局
创建时间:
2019-09-01



