35 events found.
Microeconomics Seminar
Events
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Toomas Hinnosaar (University of Nottingham) "Collusion without Patience" Abstract: Tacit collusion is usually linked to repeated interactions between patient firms. We show that it can also arise in a one-shot duopoly. When firms choose capacities and face outsourcing contracts with minimum order quantities, gaps in feasible outputs allow commitment not to sell intermediate quantities. […] |
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