Product Differentiation and Collusion Sustainability When Collusion Is Costly
Author
Abstract
Suggested Citation
DOI: 10.1287/mksc.1120.0750
Download full text from publisher
References listed on IDEAS
- Stefano Colombo, 2012. "Collusion in two models of spatial competition with quantity-setting firms," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 48(1), pages 45-69, February.
- Chang, Myong-Hun, 1991. "The effects of product differentiation on collusive pricing," International Journal of Industrial Organization, Elsevier, vol. 9(3), pages 453-469, September.
- James W. Friedman & Jacques-Francois Thisse, 1993.
"Partial Collusion Fosters Minimum Product Differentiation,"
RAND Journal of Economics, The RAND Corporation, vol. 24(4), pages 631-645, Winter.
- FRIEDMAN, James W. & THISSE, Jacques-François, 1993. "Partial collusion fosters minimum product differentiation," LIDAM Reprints CORE 1070, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Stefano Colombo, 2011. "Spatially asymmetric firms and the sustainability of a price agreement," Economics Bulletin, AccessEcon, vol. 31(3), pages 2414-2421.
- Rajeev K. Tyagi, 1999. "On the relationship between product substitutability and tacit collusion," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 20(6), pages 293-298.
- Liu, Qihong & Serfes, Konstantinos, 2007. "Market segmentation and collusive behavior," International Journal of Industrial Organization, Elsevier, vol. 25(2), pages 355-378, April.
- Thisse, Jacques-Francois & Vives, Xavier, 1988.
"On the Strategic Choice of Spatial Price Policy,"
American Economic Review, American Economic Association, vol. 78(1), pages 122-137, March.
- Thisse, J.-F. & Vives, X., 1987. "On the strategic choice of spatial price policy," LIDAM Discussion Papers CORE 1987008, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- THISSE, Jacques-François & VIVES, Xavier, 1988. "On the strategic choice of spatial price policy," LIDAM Reprints CORE 793, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Qihong Liu & Konstantinos Serfes, 2004.
"Quality of Information and Oligopolistic Price Discrimination,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 13(4), pages 671-702, December.
- Qihong Liu & Konstantinos Serfes, 2002. "Quality of Information and Oligopolistic Price Discrimination," Industrial Organization 0203004, University Library of Munich, Germany, revised 06 Mar 2002.
- Qihong Liu & Konstantinos Serfes, 2002. "Quality of Information and Oligopolistic Price Discrimination," Industrial Organization 0207007, University Library of Munich, Germany.
- James W. Friedman, 1971. "A Non-cooperative Equilibrium for Supergames," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 38(1), pages 1-12.
- Hamilton, Jonathan H. & Thisse, Jacques-Francois & Weskamp, Anita, 1989.
"Spatial discrimination : Bertrand vs. Cournot in a model of location choice,"
Regional Science and Urban Economics, Elsevier, vol. 19(1), pages 87-102, February.
- HAMILTON, Jonathan H. & THISSE, Jacques-François & WESKAMP, Anita, 1989. "Spatial discrimination. Bertrand vs. Cournot in a model of location choice," LIDAM Reprints CORE 846, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Barnali Gupta & Guhan Venkatu, 2002. "Tacit Collusion in a Spatial Model with Delivered Pricing," Journal of Economics, Springer, vol. 76(1), pages 49-64, May.
- Raquel Arévalo Tomé & José‐María Chamorro‐Rivas, 2007.
"Credible collusion in a model of spatial competition,"
Papers in Regional Science, Wiley Blackwell, vol. 86(4), pages 633-642, November.
- Raquel Arévalo Tomé & José María Chamorro Rivas, 2004. "Credible collusion in a model of spacial competition," Working Papers 0404, Universidade de Vigo, Departamento de Economía Aplicada.
- Colombo, Stefano, 2010.
"Product differentiation, price discrimination and collusion,"
Research in Economics, Elsevier, vol. 64(1), pages 18-27, March.
- Stefano Colombo, 2009. "Product differentiation, price discrimination and collusion," DISCE - Quaderni dell'Istituto di Economia e Finanza ief0085, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
- Greg Shaffer & Z. John Zhang, 1995. "Competitive Coupon Targeting," Marketing Science, INFORMS, vol. 14(4), pages 395-416.
- Abreu, Dilip, 1988. "On the Theory of Infinitely Repeated Games with Discounting," Econometrica, Econometric Society, vol. 56(2), pages 383-396, March.
- Miklós-Thal, Jeanine, 2008. "Delivered pricing and the impact of spatial differentiation on cartel stability," International Journal of Industrial Organization, Elsevier, vol. 26(6), pages 1365-1380, November.
- Raphael Thomadsen & Ki-Eun Rhee, 2007. "Costly Collusion in Differentiated Industries," Marketing Science, INFORMS, vol. 26(5), pages 660-665, 09-10.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Martin, Simon & Rasch, Alexander, 2024. "Demand forecasting, signal precision, and collusion with hidden actions," International Journal of Industrial Organization, Elsevier, vol. 92(C).
- Piccolo, Salvatore & Pignataro, Aldo, 2018. "Consumer loss aversion, product experimentation and tacit collusion," International Journal of Industrial Organization, Elsevier, vol. 56(C), pages 49-77.
- Andrew Smyth, 2017. "How Product Innovation Can Affect Price Collusion," Working Papers 17-26, Chapman University, Economic Science Institute.
- Bian, Junsong & Zhao, Xuan & Liu, Yunchuan, 2020. "Single vs. cross distribution channels with manufacturers’ dynamic tacit collusion," International Journal of Production Economics, Elsevier, vol. 220(C).
- Yang, Jinrui, 2016. "Monopoly VS Competition: Market Structure’s Impact on Product Innovation-with Endogenous Quality of New Product," MPRA Paper 70094, University Library of Munich, Germany.
- Stefano Colombo, 2016. "Mixed oligopolies and collusion," Journal of Economics, Springer, vol. 118(2), pages 167-184, June.
- Matteo Bassi & Marco Pagnozzi & Salvatore Piccolo, 2015. "Product Differentiation by Competing Vertical Hierarchies," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 24(4), pages 904-933, October.
- Wu, Jiang & Zou, Liuxin & Gong, Yeming & Chen, Mingyang, 2021. "The anti-collusion dilemma: Information sharing of the supply chain under buyback contracts," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 152(C).
- John S. Heywood & Zheng Wang, 2020. "Profitable collusion on costs: a spatial model," Journal of Economics, Springer, vol. 131(3), pages 267-286, December.
- Stefano Colombo & Aldo Pignataro, 2022. "Information accuracy and collusion," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(3), pages 638-656, August.
- Lin, Jing & Ma, Xin & Talluri, Srinivas & Yang, Cheng-Hu, 2021. "Retail channel management decisions under collusion," European Journal of Operational Research, Elsevier, vol. 294(2), pages 700-710.
- Bian, Junsong & Lai, Kin Keung & Hua, Zhongsheng & Zhao, Xuan & Zhou, Guanghui, 2018. "Bertrand vs. Cournot competition in distribution channels with upstream collusion," International Journal of Production Economics, Elsevier, vol. 204(C), pages 278-289.
- Xiaona Zheng & Luping Sun & Andy A. Tsay, 2018. "Distribution Channel Strategies and Retailer Collusion in a Supply Chain with Multiple Retailers," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 35(03), pages 1-27, June.
- Salvatore Piccolo & Aldo Pignataro, 2016. "Consumer Loss Aversion, Product Experimentation and Implicit Collusion," CSEF Working Papers 457, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Wei, Yuansheng & Dong, Yuxuan, 2022. "Product distribution strategy in response to the platform retailer's marketplace introduction," European Journal of Operational Research, Elsevier, vol. 303(2), pages 986-996.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Stefano Colombo, 2011.
"Pricing Policy and Partial Collusion,"
Journal of Industry, Competition and Trade, Springer, vol. 11(4), pages 325-349, December.
- Stefano Colombo, 2009. "Pricing Policy and Partial Collusion," DISCE - Quaderni dell'Istituto di Economia e Finanza ief0090, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
- Colombo, Stefano, 2013. "Cartels in the unidirectional Hotelling model," Economic Modelling, Elsevier, vol. 31(C), pages 690-696.
- Stefano Colombo, 2009. "The unidirectional Hotelling model with spatial price discrimination," Economics Bulletin, AccessEcon, vol. 29(4), pages 3031-3040.
- Colombo, Stefano, 2012. "An indifference result concerning collusion in spatial frameworks," Research in Economics, Elsevier, vol. 66(1), pages 18-21.
- Stefano Colombo, 2009. "Sustainability of collusion with imperfect price discrimination and inelastic demand functions," Economics Bulletin, AccessEcon, vol. 29(3), pages 1687-1694.
- Stefano Colombo, 2012. "Collusion in two models of spatial competition with quantity-setting firms," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 48(1), pages 45-69, February.
- Döpper, Hendrik & Rasch, Alexander, 2024. "Combinable products, price discrimination, and collusion," International Journal of Industrial Organization, Elsevier, vol. 94(C).
- Stefano Colombo, 2016. "Mixed oligopolies and collusion," Journal of Economics, Springer, vol. 118(2), pages 167-184, June.
- Stefano Colombo, 2012. "Colluding on a Price Increase," Journal of Industry, Competition and Trade, Springer, vol. 12(4), pages 365-371, December.
- John S. Heywood & Dongyang Li & Guangliang Ye, 2020. "Does price discrimination make collusion less likely? a delivered pricing model," Journal of Economics, Springer, vol. 131(1), pages 39-60, September.
- Raphael Thomadsen & Ki-Eun Rhee, 2007. "Costly Collusion in Differentiated Industries," Marketing Science, INFORMS, vol. 26(5), pages 660-665, 09-10.
- Colombo, Stefano & Filippini, Luigi & Pignataro, Aldo, 2024. "Information sharing, personalized pricing, and collusion," Information Economics and Policy, Elsevier, vol. 66(C).
- Miklós-Thal, Jeanine, 2008. "Delivered pricing and the impact of spatial differentiation on cartel stability," International Journal of Industrial Organization, Elsevier, vol. 26(6), pages 1365-1380, November.
- Florian Peiseler & Alexander Rasch & Shiva Shekhar, 2022. "Imperfect information, algorithmic price discrimination, and collusion," Scandinavian Journal of Economics, Wiley Blackwell, vol. 124(2), pages 516-549, April.
- Peiseler, Florian & Rasch, Alexander & Shekhar, Shiva, 2018. "Private information, price discrimination, and collusion," DICE Discussion Papers 295, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Döpper, Hendrik & Rasch, Alexander, 2022. "Combinable products, price discrimination, and collusion," DICE Discussion Papers 377, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Stefano Colombo, 2011. "Spatially asymmetric firms and the sustainability of a price agreement," Economics Bulletin, AccessEcon, vol. 31(3), pages 2414-2421.
- Stefano Colombo & Aldo Pignataro, 2022. "Information accuracy and collusion," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(3), pages 638-656, August.
- Colombo, Stefano, 2010.
"Product differentiation, price discrimination and collusion,"
Research in Economics, Elsevier, vol. 64(1), pages 18-27, March.
- Stefano Colombo, 2009. "Product differentiation, price discrimination and collusion," DISCE - Quaderni dell'Istituto di Economia e Finanza ief0085, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
- Kai Andree & John S. Heywood & Mike Schwan & Zheng Wang, 2018. "A Spatial Model Of Cartel Stability: The Influence Of Production Cost Convexity," Bulletin of Economic Research, Wiley Blackwell, vol. 70(3), pages 298-311, July.
More about this item
Keywords
product differentiation; competition; collusion; collusion costs;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:ormksc:v:32:y:2013:i:4:p:669-674. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.