Search
Now showing items 1-1 of 1
Title:Fine cartels Author(s):LEVINE, David K.
Date:2021Citation:
- Economic theory bulletin, 2021, Vol. 9, No. 2, pp. 155–166
Type:ArticleAbstract:This paper studies a simple model of a repeated cartel that can punish using both voluntary fines and inefficient prices wars. The idea is to use the fines in response to noisy signals of bad behavior and back it up with ...
Date:2021Citation: