Results 101 to 110 of about 144,353 (287)

Collusion and Price Dispersion [PDF]

open access: yesSSRN Electronic Journal, 2005
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

Regulatory Price Restrictions, Audit Fees and Audit Outcomes: Evidence From Audit Fee Regulation No. 196 in China

open access: yesAccounting &Finance, EarlyView.
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]

open access: yes
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

open access: yesAmerican Journal of Agricultural Economics, EarlyView.
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

open access: yesAmerican Journal of Political Science, EarlyView.
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

A Model of Oligopoly

open access: yesEnsayos de Economía
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]

open access: yes
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

open access: yesAmerican Journal of Political Science, EarlyView.
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]

open access: yes
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]

open access: yes, 2008
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  

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