Collusive Pricing With Consumer Search

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Collusive Pricing with Consumer Search
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To make sense of mixed empirical evidence on the pricing rigidity of cartels, this paper studies how colluding firms price their goods in a model where firms ha
Price-directed Search and Collusion
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In many (online) markets, consumers can readily observe prices, but need to examine individual products at positive cost in order to assess how well they match
Consumer Search, Collusion, and Artificial Intelligence
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Authors: Mike P. Vo
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We use both economic theory and experiments with Artificial Intelligence (AI) pricing agents to study the roles of consumer search friction on collusion and imp
Firm Pricing with Consumer Search
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Authors: Simon P. Anderson
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Economists could not properly capture the impact of internet on markets without a proper theory of consumer search. As a result, this theory has been rediscover
A Dynamic Oligopoly with Collusion and Price Wars
Language: en
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Authors: Chaim Fershtman
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Most of the theoretical work on collusion and price wars assumes identical firms and an unchanging environment, assumptions which are at odds with what we know