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What Can the Duration of Discovered Cartels Tell Us About the Duration of All Cartels

Dados Bibliográficos

ID9713709
AutoresJoseph E Harrington (0000-0002-2686-4021, University of Pennsylvania), Yanhao Wei (0000-0001-6613-5993, University of Southern California)
Ano2017
Volume127
Fascículo604
Páginas1977-2005
Data de publicação2017-09-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Economic Journal (JOURNAL)
Identificadores do periódicoISSN: 0013-0133 • E-ISSN: 1468-0297
EditoraOxford University Press (OUP) (PUBLISHER)
DOI10.1111/ecoj.12359
OpenAlexW3125033413
IdiomaEN
Citações recebidas5
Referências citadas18

Estimates of average cartel duration and the annual probability of cartel death are based on data for discovered cartels. It is recognised that these estimates could be biased because the population of discovered cartels may not be a representative sample of the latent population of cartels. This article constructs a birth‐death‐discovery process to investigate the source and direction of possible biases. Bayesian inference is used to provide bounds on the extent of the bias and deliver an improved set of beliefs on the probability of cartel death

Bayesian inference · Bayesian probability · Cartel · Collusion · Duration (music · Econometrics · Economics · Inference · Microeconomics · Population · Sociology · Statistics · Artificial Intelligence · Computer Science · Consumer Market Behavior and Pricing · Demography · Digital Platforms and Economics · Mathematics · Merger and Competition Analysis

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Obras citantes distintas5
Citações por ano0,71
Intervalo de citações2019 - 2025 (7)
Velocidade de citaçãorecent
Altamente citadoNão
Tipos de citaçãoNeutras: 5
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