AN EXPERIMENT ON INNOVATION AND COLLUSION
This paper examines the relationship between product innovation and the success of price collusion using novel laboratory experiments. Average market prices in low innovation (LO) experiments are significantly higher than those in high innovation, but otherwise identical experiments. This price diff...
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| Format: | Article |
| Language: | English |
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Blackwell Publishing Inc.
2019
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| Online Access: | View Fulltext in Publisher |