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El papel de los rendimientos y la diferenciacion de productos como determinantes de la estabilidad del cartel

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Contreras Marin, R., Georgantzis, N. and Gines Vilar, M. (2008) El papel de los rendimientos y la diferenciacion de productos como determinantes de la estabilidad del cartel. Cuadernos Economicos de ICE, 76. pp. 9-20. ISSN 0210-2633

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Abstract/Summary

We study cartel stability in a differentiated quantity-setting duopoly with decreasing returns to scale. We show that a cartel may be equally stable in the presence of lower differentiation, provided that the decreasing returns parameter is higher. Furthermore, we show that, above a given discount rate, a cartel may be stable for any degree of product differentiation.

Item Type:Article
Refereed:Yes
Divisions:Life Sciences > School of Agriculture, Policy and Development > Department of Agri-Food Economics & Marketing
ID Code:52846
Publisher:Información Comercial Española
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