Imperfect collusion in an asymmetric duopoly

Using the coefficient of cooperation, we analyse the effect of cost asymmetries on collusive agreements when firms are able to coordinate on distinct output levels than the unrestricted joint profit maximization outcome. In this context, we first investigate the extent to which collusive agreemen...

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Bibliographic Details
Main Authors: Marc Escrihuela-Villar, Carlos Gutiérrez-Hita
Format: Article
Language:English
Published: Universidad de Chile 2018-05-01
Series:Estudios de Economía
Online Access:https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/49264