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The aim of this paper is to summarize the theory of (implicit) collusion in the framework of infinitely repeated games, and in particular, to survey the comprehensive literature exploring which facto...
This note comments on Feuerstein’s (2005) summary of the literature on collusion in infinitely repeated games. I specifically address firm asymmetries and settings in which punishments can be asymmetr...
This rejoinder responds to some issues raised in the comments to my survey on collusion. The focus is on different assumptions on the punishment phase and on some aspects of competition policy.
Industrial economics has successfully clarified the mechanism of collusive conduct and its facilitating factors. But policy implications for remedial actions are less straightforward. This paper prov...

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