How Cartels Endure and How They Fail: Studies of Industrial Collusion
ISBN-13:
9781858988306
ISBN-10:
1858988306
Author:
Peter Z. Grossman
Publication date:
2004
Publisher:
Edward Elgar Pub
Format:
Hardcover
336 pages
FREE US shipping
Book details
ISBN-13:
9781858988306
ISBN-10:
1858988306
Author:
Peter Z. Grossman
Publication date:
2004
Publisher:
Edward Elgar Pub
Format:
Hardcover
336 pages
Summary
How Cartels Endure and How They Fail: Studies of Industrial Collusion (ISBN-13: 9781858988306 and ISBN-10: 1858988306), written by authors
Peter Z. Grossman, was published by Edward Elgar Pub in 2004.
With an overall rating of 3.6 stars, it's a notable title among other
books. You can easily purchase or rent How Cartels Endure and How They Fail: Studies of Industrial Collusion (Hardcover) from BooksRun,
along with many other new and used
books
and textbooks.
And, if you're looking to sell your copy, our current buyback offer is $0.3.
Description
Why do some cartels fail and others succeed? This question has intrigued economists for a hundred years, and they have created an extensive body of theory to help explain cartel behaviour. This book looks at the experience of actual cartels and challenges their portrayal as found in the existing literature.The eleven chapters by leading researchers of industrial organization study real examples of industrial collusion. The authors investigate the formation, behaviour, activity and purpose of cartels, and illustrate the intricacies of collusive relationships. In the process they question the existing economic theory surrounding the operation of cartels, which in practice do not always adhere to the textbook models or to complex game theoretic rules. Although much economic research suggests that cartels are doomed to failure, the authors find that there are many examples of industries where cartels have succeeded in controlling prices and output over a prolonged period of time.The book is a groundbreaking attempt to study empirically a range of cartels throughout the world, providing both historical and contemporary examples of collusion to enrich the arguments. This book is written for academics, policymakers, lawyers and economists working in the fields of industrial organization and competition policy.
We would LOVE it if you could help us and other readers by reviewing the book
Book review
Congratulations! We have received your book review.
{user}
{createdAt}
by {truncated_author}