Results 101 to 110 of about 144,353 (287)
Collusion and Price Dispersion [PDF]
While there are suggestions in applied cartel studies that price dispersion changes when cartelization of a market occurs, there are few theoretical or empirical analyses of this effect. This article surveys the thin economic literature on the link between overt collusion and price dispersion. Formal theories and observation of cartel behaviour suggest
openaire +1 more source
ABSTRACT This paper examines the effect of audit fee regulation on audit fees and audit outcomes. Leveraging the staggered introduction of audit fee restrictions in different Chinese provinces, we find that audit fee regulation is effective in curbing lowballing behaviours and improving audit quality.
Zhili Tian, Yiye Liu, Yixuan Zhang
wiley +1 more source
Controlling collusion in auctions: The Role of ceilings and reserve prices [PDF]
We examine a simple model of collusion under a single-object secondprice auction. Under the appropriate parameter conditions, in particular as long as collusion is neither too easy, nor too difficult, we find that the optimal policy involves both an ...
Prabal Roy Chowdhury
core
Spatial price competition and buyer power in the U.S. beef packing industry
Abstract We develop a spatially‐explicit model of the U.S. beef packing industry to study key questions related to competition in an oligopsony setting. Cattle supplies are modeled at the county level, and packing plants' location, capacity, and ownership are taken as given. Packers procure negotiated cattle by competing in prices in each local (county)
GianCarlo Moschini, T. Jake Smith
wiley +1 more source
The ethics of responding to democratic backsliding abroad
Abstract The past decade has seen a marked shift as many previously liberal democratic states have backslidden, taking authoritarian turns. How should liberal actors respond to democratic backsliding by others? Although it might seem that it is vital for liberal actors to react robustly to avoid complicity or to maintain their liberal integrity, this ...
James Pattison
wiley +1 more source
This article develops a simple linear model of oligopoly and uses it to provide a detailed characterization of equilibrium prices, quantities, mark-ups, price elasticities of market demand; and welfare, all in terms of the parameters of the model.
Hernan Vallejo
doaj +1 more source
Collusion in the Indian Tea Industry in the Great Depression : An Analysis of Panel Data [PDF]
This paper analyzes the effectiveness of the control schemes in the Indian tea industry during the Great Depression, whereby producers attempted to collude by reducing output.
Gupta, B.
core +1 more source
Argumentation strategies in party competition
Abstract Political parties' rhetorical strategies play a crucial role in shaping public opinion and electoral outcomes. To gain insight into what kind of arguments parties present to the public, and under what conditions, we develop a model of argumentation where parties compete to persuade voters before engaging in platform competition.
Catherine Hafer +2 more
wiley +1 more source
Optimal Regulation of Auditing [PDF]
We study regulation of the auditing profession in a model where audit quality is unobservable and enforcing regulation is costly. The optimal audit standard falls short of the first-best audit quality, and is increasing in the riskiness of firms and in ...
Giovanni Immordino, Marco Pagano
core
Nash Equilibria, collusion in games and the coevolutionary particle swarm algorithm [PDF]
In recent work, we presented a deterministic algorithm to investigate collusion between players in a game where the players’ payoff functions are subject to a variational inequality describing the equilibrium of a transportation system.
Koh, Andrew
core

