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Semicollusion

Author

Listed:
  • Steen, Frode
  • Sørgard, Lars

Abstract

The notion 'semicollusion' refers to situations where firms collude in one (or several) choice variable(s) and compete in others. For example, firms collude on prices and compete on advertising. Although the notion 'semicollusion' is not so often used explicitly, it turns out that the topic is covered extensively in the economic literature. Moreover, the phenomena 'semicollusion' seem to be present in numerous industries. The purpose of this survey is to explain how semicollusion works in theory, describe empirical studies of semicollusion, and discuss the possible welfare effects of semicollusion.

Suggested Citation

  • Steen, Frode & Sørgard, Lars, 2010. "Semicollusion," Foundations and Trends(R) in Microeconomics, now publishers, vol. 5(3), pages 153-228, April.
    • Handle: RePEc:now:fntmic:0700000034
    DOI: 10.1561/0700000034
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    Citations

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    Cited by:

    1. van den Berg, Anita & Bos, Iwan, 2017. "Collusion in a price-quantity oligopoly," International Journal of Industrial Organization, Elsevier, vol. 50(C), pages 159-185.
    2. Marc Ivaldi & Chantal Roucolle, 2013. "Competitive assessment of an oligopolistic market open to international trade with incomplete data," Post-Print hal-00907739, HAL.
    3. Bruno De Borger & Wilfried Pauwels, 2010. "A Nash bargaining solution to models of tax and investment competition: tolls and investment in serial transport corridors," Working Papers 2010/1, Institut d'Economia de Barcelona (IEB).
    4. Konovalov, Alexander, 2014. "Competition and Cooperation in Network Games," Working Papers in Economics 583, University of Gothenburg, Department of Economics.
    5. Ribeiro, Vitor Miguel, 2016. "Exclusion and regulatory intervention in investment sharing agreements," Telecommunications Policy, Elsevier, vol. 40(10), pages 1032-1051.
    6. Pedro Gonzaga & António Brandão & Helder Vasconcelos, 2014. "Theory of Semi-Collusion in the Labor Market," FEP Working Papers 522, Universidade do Porto, Faculdade de Economia do Porto.

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