Product Differentiation and Cartel Stability With Costs of Collusion.docVIP

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2016-10-05 发布于北京
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Product Differentiation and Cartel Stability With Costs of Collusion.doc

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Product Differentiation and Cartel Stability With Costs of Collusion.doc

Product Differentiation and Cartel Stability With Costs of Collusion 　　Abstracts 　　The stability of collusion has been an interesting phenomena and problem， many of the existing literature focused on the analysis of the stability of collusion without collusion cost， while the real economy and a large number of studies have shown that the collusion cost in collusion between enterprises is very large， this paper analyzes the issue of ease of sustaining collusion with collusion cost under different competition intensity with product differentiation， and modifies the past knowledge about that the collusion is easier to maintain under Cournot competition than under Bertrand competition， and demonstrates that if the collusion cost is above some critical value， the reverse is true. This conclusion provides a more comprehensive perspective in the economic analysis for collusion participants and decision makers. 　　Key words： Product differentiation； Cournot competition； Bertrand competition； the Stability of Collusion 　　HE Huishuang （2013）. Product Differentiation and Cartel Stability With Costs of Collusion. Canadian Social Science， 9（3）， -0. Available from： http：///index.php/css/article/view/j.css.1923669720130903.1798 　　DOI： http：///10.3968/j.css.1923669720130903.1798. 　　INTRODUCTION 　　The stability of collusion has been an interesting phenomenon and problem. In recent years， there are many economists considering the problem of cartel stability， the not earliest but the most notable is Friedman （1971）， his main contribution is to propose the idea of “triggered strategy”. Now there are also lots of literatures about product differentiation， competition intensity and collusion stability. The ones focused on the effect of differentiation on departure motivation， ?sterdal （2003） analyzed the optimal punishment under Cournot duopoly with product differentiation. Some other literatures focused on factors of the stability of collusion on a given product differentiatio