Dismissive Reviews, Citation Cartels, and the Replication Crisis
The study delves into the replication crisis in research, citing factors influencing research credibility such as sample size, effect size, and financial interests. It highlights issues like gaming the system, P-hacking, and data sharing reluctance. The growth of Metascience as a response to these c
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Understanding Antitrust: Role, Objectives, and Challenges in Modern Economics
Antitrust laws aim to promote fair competition, protect consumer welfare, and uphold economic efficiency. The Antitrust authority plays a crucial role in preventing abuses, cartels, and monopolies, ultimately benefitting consumers through lower prices, innovation, and choice. The evolving landscape
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Insights into Legal Cartels for Competition Policy
Legal cartels offer valuable insights for competition policy, shedding light on elusive cartels, the upside of legal cartels, and what cartels look like. Through studying legal cartels, researchers aim to understand their impact, characteristics, and implications for antitrust measures. By analyzing
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Understanding Market Sharing Cartel in Oligopolistic Markets
Market sharing cartels in oligopolistic markets involve firms entering agreements to share the market while retaining some autonomy in their operations. Two main methods are non-price competition and quota systems. Non-price competition involves firms agreeing on a common price to maintain profits w
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Understanding Market Sharing Cartels in Oligopolistic Markets
Perfect collusion in oligopolistic markets often involves market-sharing cartels, where member firms agree to share the market while allowing some degree of freedom in their decisions. This can be done through non-price competition or quota agreements. Non-price competition cartels involve setting a
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Understanding Oligopoly Market Structure
This content delves into oligopoly, a market structure characterized by high concentration ratios and strategic interactions among a few sellers. It explores market concentration ratios in various U.S. industries, strategic behavior in oligopoly, and the challenges of collusion. Through examples lik
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Risks and Considerations in Joint Purchasing Agreements
Evaluating the potential risks associated with joint purchasing agreements, this review explores factors such as competition effects, buyer-seller relationships, and downstream impacts. It highlights the importance of distinguishing between buyer cartels and acceptable joint purchase agreements to e
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