Buyers' and sellers' cartels on markets with indivisible goods

Review of Economic Design

Volumn 5, Issue 2, 2000, Pages 129-147

  Bloch, Francis ^a   Ghosal, Sayantan ^b  

^a UNIVERSITÉ CATHOLIQUE DE LOUVAIN   (Belgium)

^b UNIVERSITY OF WARWICK   (United Kingdom)

Author keywords

Bilateral collusion; Buyers' and sellers' cartels; Collusion in bargaining; Countervailing power

Indexed keywords

EID: 33947248851     PISSN: 14344742     EISSN: None     Source Type: Journal    
DOI: 10.1007/s100580000018     Document Type: Article

References (22)

1. d'Aspremont, C., Jacquemin, A., Gabszewicz, J.J., Weymark, J. (1983) The stability of collusive price leadership. Canadian Journal of Economics 16: 17-25
2. Bloch, F. (1997) Noncooperative models of coalition formation in games with spillovers. In: Carraro, C., Siniscalco, D. (eds.) New Directions in the Economic Theory of the Environment. Cambridge University Press, Cambridge
3. Donsimoni, M.P. (1985) Stable heterogeneous cartels. International Journal of Industrial Organization 3: 451-467
4. Donsimoni, M.P., Economides, N.S., Polemarchakis, H.M. (1986) Stable cartels. International Economic Review 27: 317-336
5. Gabszewicz, J.J., Shitovitz, B. (1992) The core in imperfectly competitive economies. In: Aumann, R.J., Hart, S. (eds) Handbook of Game Theory with Economic Applications. Chap. 15, Elsevier Science, Amsterdam
6. Galbraith, J.K. (1952) American Capitalism: The Concept of Countervailing Power. Houghton Mifflin, Boston
7. Gul, F., Sonnenschein, H., Wilson, R. (1986) Foundations of dynamic monopoly and the coase conjecture. Journal of Economic Theory 39: 155-190
8. Halloway, S.K. (1988) The Aluminium Multinationals and the Bauxite Cartel. Saint Martin's Press, New York
9. Hart, S. (1974) Formation of cartels in large markets. Journal of Economic Theory 7: 453-466
10. Legros, P. (1987) Disadavantageous syndicates and stable cartels. Journal of Economic Theory 42: 30-49
11. Mac Afee, P., Mac Millan, J. (1992) Bidding rings. American Economic Review 82: 579-599
12. Okuno, M., Postlewaite, A., Roberts, J. (1980) Oligopoly and Competition in Large Markets. American Economic Review 70: 22-31
13. Ray, D., Vohra, R. (1999) A theory of endogenous coalition structures. Games and Economic Behavior 26: 286-336
14. Rubinstein, A., Wolinsky, A. (1985) Equilibrium in a market with sequential bargaining. Econometrica 53: 1133-1150
15. Rubinstein, A., Wolinsky, A. (1990) Decentralized trading, strategic behavior and the Walrasian outcome. Review of Economic Studies 57: 63-78
16. Salant, S., Switzer, S., Reynolds, R. (1983) Losses from horizontal mergers: The effects of an exogenous change in industry structure on Cournot-Nash equilibrium. Quart. J. Econ. 98: 185-199
17. Sampson, A. (1975) The Seven Sisters: The Great Oil Companies and the World they Made. Viking Press, New York
18. Scherer, F., Ross, D. (1990) Industrial Market Structure and Economic Performance, 3rd ed. Houghton Mifflin, Boston, MA
19. Shapley, L.S., Shubik, M. (1969) Pure competition, coalitional power and fair division. International Economic Review 10: 337-362
20. Sletmo, G.K., Williams, E.W. (1980) Liner Conferences in the Container Age: U.S. Policy at Sea. Mac Millan, New York
21. Stigler, G.J. (1954) The economist plays with blocs. American Economic Review 44: 7-14
22. Taylor, J.H., Yokell, M.D. (1979) Yellowcake: The International Uranium Cartel. Pergamon Press, New York