The Economics of Collusion: Cartels and Bidding Rings

by Leslie M. Marx and Robert C. Marshall

Explicit collusion is an agreement among competitors to suppress rivalry that relies on interfirm communication and/or transfers. This book offers anexamination of collusive behavior: what it is, why it is profitable, how it is implemented, and how it might be detected. 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...

• Format: Hardcover
• Language: English
• ISBN: 0262017326
• ISBN13: 9780262017329
• Release Date: January 2012
• Publisher: MIT Press (MA)
• Length: 302 Pages
• Weight: 1.30 lbs.
• Dimensions: 0.9" x 6.4" x 9.3"