Published March 1981
| public
Journal Article
The Opportunity for Conspiracy in Restraint of Trade: An Experimental Study
- Creators
- Isaac, R. Mark
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Plott, Charles R.
Chicago
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Abstract
A study is a limited exploration into the relationship between the opportunity for conspiracy in restraint of trade and the resulting market performance. Laboratory experimental methods are applied to separate competing theories. The competitive model predicts well relative to cartel models. Nevertheless, when measurements are taken relative to the performance of markets where conspiracies are not possible, the effects of attempted conspiracies can be determined.
Additional Information
© 1981 North-Holland Publishing Company. Received November 1980. The financial support for this research was provided by the National Science Foundation. We gratefully acknowledge this assistance. Vernon Smith provided helpful criticisms of an early draft. We also wish to thank Julie Laberty and the Caltech Workshop in Experimental Methods for their many helpful comments.Additional details
- Eprint ID
- 43903
- Resolver ID
- CaltechAUTHORS:20140220-115148242
- NSF
- Caltech Workshop in Experimental Methods
- Created
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2014-02-20Created from EPrint's datestamp field
- Updated
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2021-11-10Created from EPrint's last_modified field
- Caltech groups
- Social Science Working Papers
- Other Numbering System Name
- Social Science Working Paper
- Other Numbering System Identifier
- 255