The economics of collusion : cartels and bidding rings / Robert C. Marshall and Leslie M. Marx.

Explicit collusion is an agreement among competitors to suppress rivalry that relies on interfirm communication and/or transfers. Rivalry between competitors erodes profits; the suppression of rivalry through collusion is one avenue by which firms can enhance profits. Many cartels and bidding rings...

Full description

Bibliographic Details

Online Access:	Full Text (via ProQuest)
Main Authors:	Marshall, Robert C., 1956- (Author), Marx, Leslie M., 1967- (Author)
Format:	eBook
Language:	English
Published:	Cambridge, Mass. : MIT Press, ©2012.
Subjects:	Price fixing. Cartels. Competition.