Essays about: "cartel stability"

Found 2 essays containing the words cartel stability.

1. 1. The Hidden Life of Cartels: An Empirical Study on the Impact of Trade Liberalisation on Cartel Stability

   University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Author : Tove Forsbacka Karlsson; Paula Hoehne Tarragona; [2019]
   Keywords : cartels; competition; trade liberalisation; hidden Markov model;

   Abstract : Trade liberalisation is often argued to generate welfare gains by increasing competition. Market competition incentivises firms to develop new technologies and to streamline their productions, and forces inefficient firms out of the market. However, this effect risks being offset if firms increase collusion when trade barriers are removed. READ MORE

3. 2. Snitches get stiches - An empirical study of the probability to self-report and cartel stability under the European Commission leniency program

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Karl Johan Tegnér; Jakob Stockman Burg; [2016]
   Keywords : cartels; European Commission; leniency program; self-reporting; cartel stability; Business and Economics;

   Abstract : In an effort to combat illegal cartel activities taking place in the European Union, in 1996 the European Commission decided to implement a leniency program for self-reporting firms who, in return for information about their cartel, could receive a substantial reduction, or a total exemption from any fines that would have otherwise been imposed on them. The wellbeing and survival of cartels is dependent on the trust and dynamics between the members, and a leniency program strives to upset the balance between them. READ MORE