001386340 000__ 03515cam\a2200529Ia\4500 001386340 001__ 1386340 001386340 003__ MaCbMITP 001386340 005__ 20240325105128.0 001386340 006__ m\\\\\o\\d\\\\\\\\ 001386340 007__ cr\cn\nnnunnun 001386340 008__ 120507s2012\\\\maua\\\\ob\\\\001\0\eng\d 001386340 020__ $$a9780262301503$$q(electronic bk.) 001386340 020__ $$a0262301504$$q(electronic bk.) 001386340 020__ $$a1280498935 001386340 020__ $$a9781280498930 001386340 020__ $$z9780262017329$$q(hbk.) 001386340 020__ $$z0262017326$$q(hbk.) 001386340 035__ $$a(OCoLC)793206751$$z(OCoLC)817078629$$z(OCoLC)871896806$$z(OCoLC)961508192$$z(OCoLC)962596319$$z(OCoLC)965974506$$z(OCoLC)992115284$$z(OCoLC)1037908143$$z(OCoLC)1038699646$$z(OCoLC)1045523948$$z(OCoLC)1065876678$$z(OCoLC)1081221140 001386340 035__ $$a(OCoLC-P)793206751 001386340 040__ $$aOCoLC-P$$beng$$epn$$cOCoLC-P 001386340 050_4 $$aHF5417$$b.M37 2012eb 001386340 072_7 $$aBUS$$x070000$$2bisacsh 001386340 072_7 $$aBUS021000$$2bisacsh 001386340 08204 $$a338.8/2$$223 001386340 1001_ $$aMarshall, Robert C.,$$d1956-$$eauthor. 001386340 24514 $$aThe economics of collusion :$$bcartels and bidding rings /$$cRobert C. Marshall and Leslie M. Marx. 001386340 260__ $$aCambridge, Mass. :$$bMIT Press,$$c©2012. 001386340 300__ $$a1 online resource (xii, 302 pages) :$$billustrations 001386340 336__ $$atext$$btxt$$2rdacontent 001386340 337__ $$acomputer$$bc$$2rdamedia 001386340 338__ $$aonline resource$$bcr$$2rdacarrier 001386340 506__ $$aAccess limited to authorized users. 001386340 5208_ $$aExplicit 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 function for years in a stable and peaceful manner despite the illegality of their agreements and incentives for deviation by their members. In The Economics of Collusion, Robert Marshall and Leslie Marx offer an examination of collusive behavior: what it is, why it is profitable, how it is implemented, and how it might be detected. Marshall and Marx, who have studied collusion extensively for two decades, begin with three narratives: the organization and implementation of a cartel, the organization and implementation of a bidding ring, and a parent company's efforts to detect collusion by its divisions. These accounts--fictitious, but rooted in the inner workings and details from actual cases--offer a novel and engaging way for the reader to understand the basics of collusive behavior. The narratives are followed by detailed economic analyses of cartels, bidding rings, and detection. The narratives offer an engaging entree to the more rigorous economic discussion that follows. The book is accessible to any reader who understands basic economic reasoning. Mathematical material is flagged with asterisks. 001386340 588__ $$aOCLC-licensed vendor bibliographic record. 001386340 650_0 $$aPrice fixing. 001386340 650_0 $$aCartels. 001386340 650_0 $$aCompetition. 001386340 653__ $$aECONOMICS/Microeconomics 001386340 653__ $$aSOCIAL SCIENCES/Political Science/Public Policy & Law 001386340 655_0 $$aElectronic books 001386340 7001_ $$aMarx, Leslie M.,$$d1967-$$eauthor. 001386340 852__ $$bebk 001386340 85640 $$3MIT Press$$uhttps://univsouthin.idm.oclc.org/login?url=https://doi.org/10.7551/mitpress/9011.001.0001?locatt=mode:legacy$$zOnline Access through The MIT Press Direct 001386340 85642 $$3OCLC metadata license agreement$$uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf 001386340 909CO $$ooai:library.usi.edu:1386340$$pGLOBAL_SET 001386340 980__ $$aBIB 001386340 980__ $$aEBOOK 001386340 982__ $$aEbook 001386340 983__ $$aOnline