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Friday, January 31, 2020 | History

3 edition of Semicollusion in the Norwegian cement market found in the catalog.

Semicollusion in the Norwegian cement market

Frode Steen

Semicollusion in the Norwegian cement market

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  • 19 Currently reading

Published by Norges Handelshøyskole .
Written in English


Edition Notes

Statementby Frode Steen and Lars Sørgard.
SeriesDiscussion paper, 10/96
ContributionsSørgard, Lars., Norges Handelshøyskole.
ID Numbers
Open LibraryOL17543854M

Woodard v. The latter project emphasizes the impact of inward foreign direct investment on productivity and competition in the Swedish manufacturing sector. In the context of commodity agreements or marketing orders, stability will show up as lower variation in prices compared to the absence of such an agreement. Margaret C. References Brod, A.

Competition and Rivalry in the International Steel Cartel, She has been working on the demand for labor quality and gave a presentation of her most recent findings at the Business School at Stanford. Optimal Sanctions for Antitrust Violations. Journal of Economic Perspectives 18 1 : 27— He is also heading a newly started research project on the explanations of the high domestic price level in Sweden.

If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form. Sophisticated econometric 68 In addition to journal articles, this study draws upon numerous working papers of economists, many of which became journal papers. Journal of Econoimics 83 2 : — Barry Eichengreen.


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Semicollusion in the Norwegian cement market book

Cartels and Trusts. He also worked with two chapters about the choice of entry mode and agglomeration in foreign production, which will be published in a forthcoming book on the geography of multinational firms.

CongressSultanEpstein and Newfarmerand Bane Especially influential was the German economist Liefmann To make any headway in assessing empirically the adequacy of anticartel enforcement, analysts must have reliable information about the degree of harm generated by private cartels.

Benchmark is pre-cartel world prices 14 -- Connor For example, they consider the implications of risk-loving behavior of cartel managers or corporate cartelists in place oft he usual assumption of risk neutrality ibid.

Within this project, the research undertaken at IUI focuses on technological progress, growth, structural adjustment and the demand for human capital. Detecting Collusion among Bidders in Auction Markets, Woodard v. George W. In the second half of the 20th century, relatively few books were written about the empirical economics of cartels, but there have been three brief periods of interest.

Semicollusion in the Norwegian Cement Market

The Pressures on American Monetary Policy. Much of the existing literature takes industry structure and firm size as exogenous and asks whether more concentrated industries of larger firms are more or less innovative than industries made up of many small firms.

If he is correct, optimal penalties for cartels should be more than tenfold damages. Finally, the private damages suits that are launched against cartelists primarily provide compensation for victims, but also non-monetary injunctive relief and the possible punitive settlements that assist in cartel deterrence ibid.

It is also possible that policy differences between the Board and the Banks, especially New York, were partly due to the knowledge and interests arising from their political and economic environments. Fisher and Finkelstein and Levanbach show that experts in U.

This is the method commonly followed by counsel when reporting how well they have represented their clients. Its market successor, about the same total length, spends 13 pages Carlton and Perloff, That has not always been the case in more recent, secret, illegal cartels.

In contrast, a basic handbook on antitrust damages prepared by a committee of lawyers and economists has a long chapter devoted to entirely to overcharges ABA Chapter 7. Cartel Theory and Cartel Experience In the lysine case, the conspirators twice reverted to prices that were slightly below the long-run marginal cost of the industry leader.

We should be careful not to presume that we can extend this finding — that collusion focuses on prices and quantities and ignores other important strategic variables, such as advertising and investment — to other cartels. His support is in the form of information about the ideas, institutions, and personalities behind actions and inactions that are well known.

In part, they rely on evidence of price-fixing settlements rather than awards made after trial; because settlements are the result of bargaining under uncertainty, reliance upon settlements biases overcharge estimates downward. An Econometric Model of the U. It is particularly interesting that, in stark contrast to results of previous works, even though there exist circumstances under which the output level under semi-collusive production cartel is strictly greater than that under full competition, the market price under semicollusive production cartel is invariably higher than under the case of full competition.

Semicollusion in the Norwegian cement market

Memoirs: The Great Contraction, His responsibilities, i. While there are a few exceptions, potentially illegal anticompetitive conduct such as sharing among rivals of sensitive trade secrets, signaling, refusals to deal, resale minimum-price maintenance, tied sales, exclusive dealing, patent or trademark pooling, vertical price fixing or resale price maintenancemergers, monopolization, and attempts to monopolize are treated as civil matters.

With around delegates in attendance, the conference explored the potential threats and benefits that AI might imply for competition whilst looking at AI as a tool for enforcement and for academic research, and its potential role in improving how we monitor and evaluate markets.

This is a preview of subscription content, log in to check access. Keeping ,u constant,this would change demandin a way describedby the I matrix.Issuu is a digital publishing platform that makes it simple to publish magazines, catalogs, newspapers, books, and more online.

Easily share your publications and get them in front of Issuu’s. Oct 25,  · Cartels Book - A Must Read. ‘Semicollusion in the Norwegian Cement Market’ Help support Antitrust & Competition Policy Blog by making purchases through Amazon links on this site at no.

Cases in European Competition Policy demonstrates how economics is used (and sometimes abused) in competition cases in practical competition policy across Europe.

Each chapter summarizes a real case investigated by the European Commission or a national authority, and provides a critique of key aspects of the economic analysis. Expert witness in court, competition analysis of the Norwegian diesel market, Representing The Ministry of Finance • Expert witness in court, Exclusivity case between Tele2 and Telenor, Tele2 Canadian Economics Association, Calgary, Sep 23,  · Abstract.

This paper presents an examination of whether an antitrust authority should prohibit a quantity-setting duopolists’ semicollusive production cartel after noncooperative quality-improving R&D.

Results show that values of the technological spillover and product differentiation parameters exist such that both consumers and firms prefer a semicollusive production cartel to full Author: Yasunori Ouchida.

adapt the Fershtman and Gandal () model to suit the Norwegian cement market. In their model, –rms can also export excess output at the prevailing world price.

They show that if each –rm™s domestic market share is determined by the –rm™s share of total industry.