Cartel Stability and the Curvature of Market Demand

Lambertini, Luca (1994) Cartel Stability and the Curvature of Market Demand. Bologna: Dipartimento di Scienze economiche DSE, p. 8. DOI 10.6092/unibo/amsacta/5115. In: Quaderni - Working Paper DSE (211). ISSN 2282-6483.
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Abstract

The stability of collusion is analysed for a family of demand functions whose curvature is determined by a parameter varying between zero and infinity. If demand is sufficiently convex, firms may prefer to act as quantity setters in order to increase cartel stability. Otherwise, price-setting behaviour enhances their ability to collude.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Lambertini, Luca0000-0001-6353-4753
Keywords
curvature of market demand, collusion, stability
Subjects
ISSN
2282-6483
DOI
Deposit date
10 May 2016 08:01
Last modified
11 May 2016 07:51
URI

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