The functioning of a cartel
· Central issues to be covered
· Monitoring a collusive agreement
· Enforcing a collusive agreement
· Coordinating on a collusive outcome
· Avoiding detection
· Distinguishing traits of collusion
· Organization of lectures
· Basic theory of collusion
· Structural factors conducive to collusion
· Collusion with imperfect monitoring
· Collusive pricing dynamics associated with avoiding detection
· Cartel formation and collapse
The design and impact of competition policy
· Detecting cartels
· Prosecuting cartels
· Penalizing cartels
· Empirical methods for detecting cartels
· Deterrence and penalties (government fines and customer damages)
· Leniency and whistleblower programs
Module 1
Module 2
Module 3
Module 4
Module 5
Module 6
Module 7
Module 8