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Disuasión de Entrada Vía Subastas: Free Riding o Colusión?

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Author Info
Julio Peña Torres () (ILADES-Georgetown University, Universidad Alberto Hurtado)
Gabriel Fernández Aguirre
Abstract

Este trabajo analiza la ocurrencia de disuasión de entrada, y la posibilidad de colusión entre las firmas incumbentes para lograr tal fin, en la serie de subastas anuales de derechos de pesca para Bacalao de profundidad (Dissostichus Eleginoides), ocurridas en Chile a partir de inicios de los 1990s. En dos de las subastas consideradas se observó intento de entrada, infructuoso en ambos casos, por parte de un nuevo entrante. Se analiza la posibilidad que las firmas ya establecidas hayan usado estrategias no coordinadas de disuasión de entrada, o bien se hayan coludido para lograr dicho objetivo. Para ello se desarrolla un modelo de competencia en dos etapas, distinguiendo entre rivales incumbentes y potenciales entrantes. En la primera etapa se adquieren derechos de pesca vía subasta tipo inglesa, los que en una segunda etapa permiten competir en un mercado Cournot. Se modela la venta secuencial de múltiples derechos de pesca considerando información perfecta entre los participantes en cada subasta. La posible entrada de un nuevo rival se analiza en función del número de rivales ya establecidos, los costos de entrada, las toneladas de pesca en cada derecho subastado y el número de derechos en venta.

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Publisher Info
Paper provided by Ilades-Georgetown University, School of Economics and Bussines in its series ILADES-Georgetown University Working Papers with number inv215.

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Length: 50 pages
Date of creation: Dec 2008
Date of revision:
Handle: RePEc:ila:ilades:inv215

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Related research
Keywords: Colusión; Disuasión de entrada; Subastas Repetidas; Free Riding.;

Find related papers by JEL classification:
D2 - Microeconomics - - Production and Organizations
D4 - Microeconomics - - Market Structure and Pricing
Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation

This paper has been announced in the following NEP Reports:

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  1. Chen, Yongmin, 2000. "Strategic Bidding by Potential Competitors: Will Monopoly Persist?," Journal of Industrial Economics, Blackwell Publishing, vol. 48(2), pages 161-75, June. [Downloadable!] (restricted)
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