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Standardization and the stability of collusion
Journal article   Peer reviewed

Standardization and the stability of collusion

Luca Lambertini, Sougata Poddar and Dan Sasaki
Economics letters, Vol.58(3), pp.303-310
03/01/1998
DOI: 10.1016/s0165-1765(98)00010-x
url
https://digitalcommons.chapman.edu/economics_articles/229View
Open Access

Abstract

We characterize the interplay between firms' decision in terms of product standardization and the nature of their ensuing market behaviour. We prove the existence of a nonmonotone relationship between firms' decision at the product stage and their intertemporal preferences.
Critical discount factor D43 L13 O31 Product innovation RJVs

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