How Cartels Endure and How They Fail
Home > Business and Economics > Business and Management > Business competition > How Cartels Endure and How They Fail: Studies of Industrial Collusion
How Cartels Endure and How They Fail: Studies of Industrial Collusion

How Cartels Endure and How They Fail: Studies of Industrial Collusion


     0     
5
4
3
2
1



Available


X
About the Book

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. This 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. Academics, policymakers, lawyers and economists working in the fields of industrial organization and competition policy will find this to be a highly original and thought-provoking volume.

Table of Contents:
Contents: Introduction: What Do We Mean by Cartel Success? 1. Studies of Cartel Stability: A Comparison of Methodological Approaches 2. Decreasing Average Cost and Competition: A New Look at the Addyston Pipe Case 3. The Stability of Ocean Shipping Cartels 4. Why One Cartel Fails and Another Endures: The Joint Executive Committee and the Railroad Express 5. A Practice without Defenders: The Price Effects of Cartelization 6. If Cartels Were Legal, When Would Firms Fix Prices? 7. The Difference Government Policy Makes: The Case of Japan 8. Political Constraints on Government Cartelization: The Case of Oil Production Regulation in Texas and Saudi Arabia 9. International Commodity Agreements as Internationally Sanctioned Cartels 10. Response to Decline in the Western European Synthetic Fibre Industry: An Investigation of a Crisis Cartel 11. Collaborate to Collude? Multimarket and Multiproject Contact in R&D Index

About the Author :
Edited by Peter Z. Grossman, Clarence Efroymson Chair in Economics, Butler University, US

Review :
"'This book is about one of the most elusive problems in industrial organization - why some collusive agreements flourish while others fail. It brings together, in one place, much of the best recent work in the literature on this topic. I think the book will become a staple of reading lists for graduate industrial organization courses, and it will be invaluable for antitrust lawyers and policymakers.' - Sam Peltzman, University of Chicago, US"


Best Sellers


Product Details
  • ISBN-13: 9781858988306
  • Publisher: Edward Elgar Publishing Ltd
  • Publisher Imprint: Edward Elgar Publishing Ltd
  • Height: 234 mm
  • No of Pages: 336
  • Width: 156 mm
  • ISBN-10: 1858988306
  • Publisher Date: 26 May 2004
  • Binding: Hardback
  • Language: English
  • Sub Title: Studies of Industrial Collusion


Similar Products

Add Photo
Add Photo

Customer Reviews

REVIEWS      0     
Click Here To Be The First to Review this Product
How Cartels Endure and How They Fail: Studies of Industrial Collusion
Edward Elgar Publishing Ltd -
How Cartels Endure and How They Fail: Studies of Industrial Collusion
Writing guidlines
We want to publish your review, so please:
  • keep your review on the product. Review's that defame author's character will be rejected.
  • Keep your review focused on the product.
  • Avoid writing about customer service. contact us instead if you have issue requiring immediate attention.
  • Refrain from mentioning competitors or the specific price you paid for the product.
  • Do not include any personally identifiable information, such as full names.

How Cartels Endure and How They Fail: Studies of Industrial Collusion

Required fields are marked with *

Review Title*
Review
    Add Photo Add up to 6 photos
    Would you recommend this product to a friend?
    Tag this Book Read more
    Does your review contain spoilers?
    What type of reader best describes you?
    I agree to the terms & conditions
    You may receive emails regarding this submission. Any emails will include the ability to opt-out of future communications.

    CUSTOMER RATINGS AND REVIEWS AND QUESTIONS AND ANSWERS TERMS OF USE

    These Terms of Use govern your conduct associated with the Customer Ratings and Reviews and/or Questions and Answers service offered by Bookswagon (the "CRR Service").


    By submitting any content to Bookswagon, you guarantee that:
    • You are the sole author and owner of the intellectual property rights in the content;
    • All "moral rights" that you may have in such content have been voluntarily waived by you;
    • All content that you post is accurate;
    • You are at least 13 years old;
    • Use of the content you supply does not violate these Terms of Use and will not cause injury to any person or entity.
    You further agree that you may not submit any content:
    • That is known by you to be false, inaccurate or misleading;
    • That infringes any third party's copyright, patent, trademark, trade secret or other proprietary rights or rights of publicity or privacy;
    • That violates any law, statute, ordinance or regulation (including, but not limited to, those governing, consumer protection, unfair competition, anti-discrimination or false advertising);
    • That is, or may reasonably be considered to be, defamatory, libelous, hateful, racially or religiously biased or offensive, unlawfully threatening or unlawfully harassing to any individual, partnership or corporation;
    • For which you were compensated or granted any consideration by any unapproved third party;
    • That includes any information that references other websites, addresses, email addresses, contact information or phone numbers;
    • That contains any computer viruses, worms or other potentially damaging computer programs or files.
    You agree to indemnify and hold Bookswagon (and its officers, directors, agents, subsidiaries, joint ventures, employees and third-party service providers, including but not limited to Bazaarvoice, Inc.), harmless from all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown including reasonable attorneys' fees, arising out of a breach of your representations and warranties set forth above, or your violation of any law or the rights of a third party.


    For any content that you submit, you grant Bookswagon a perpetual, irrevocable, royalty-free, transferable right and license to use, copy, modify, delete in its entirety, adapt, publish, translate, create derivative works from and/or sell, transfer, and/or distribute such content and/or incorporate such content into any form, medium or technology throughout the world without compensation to you. Additionally,  Bookswagon may transfer or share any personal information that you submit with its third-party service providers, including but not limited to Bazaarvoice, Inc. in accordance with  Privacy Policy


    All content that you submit may be used at Bookswagon's sole discretion. Bookswagon reserves the right to change, condense, withhold publication, remove or delete any content on Bookswagon's website that Bookswagon deems, in its sole discretion, to violate the content guidelines or any other provision of these Terms of Use.  Bookswagon does not guarantee that you will have any recourse through Bookswagon to edit or delete any content you have submitted. Ratings and written comments are generally posted within two to four business days. However, Bookswagon reserves the right to remove or to refuse to post any submission to the extent authorized by law. You acknowledge that you, not Bookswagon, are responsible for the contents of your submission. None of the content that you submit shall be subject to any obligation of confidence on the part of Bookswagon, its agents, subsidiaries, affiliates, partners or third party service providers (including but not limited to Bazaarvoice, Inc.)and their respective directors, officers and employees.

    Accept

    Fresh on the Shelf


    Inspired by your browsing history


    Your review has been submitted!

    You've already reviewed this product!