A machine learning approach for collusion detection in electricity markets based on nash equilibrium theory

P Razmi, MO Buygi… - Journal of Modern Power …, 2020 - ieeexplore.ieee.org
We aim to provide a tool for independent system operators to detect the collusion and
identify the colluding firms by using day-ahead data. In this paper, an approach based on …

Coupling effects of economic, industrial, and geographical factors on collusive bidding decisions

X Wang, D Arditi, K Ye - Journal of Construction Engineering and …, 2022 - ascelibrary.org
Collusive bidding has been a major concern for both antitrust authorities and clients
because it can inflate winning prices to artificially high levels. Deciding to initiate such an …

Capacity management by global shipping alliances: findings from a game experiment

P Cariou, P Guillotreau - Maritime Economics & Logistics, 2021 - Springer
The present article uses game experiments to understand the dynamics of oligopolistic
competition in liner shipping markets. We show how a limited number of carriers, interacting …

Competition reduces profitability: the case of the Indian life microinsurance industry

S Banerjee, B Savitha - The Geneva Papers on Risk and Insurance-Issues …, 2021 - Springer
We aim to understand the effect of market and firm-level concentration on return on equity in
the Indian life microinsurance industry (LMI). This research is one of the first attempts to …

Non-archimedean game theory: a numerical approach

L Fiaschi, M Cococcioni - Applied Mathematics and Computation, 2021 - Elsevier
In this paper we consider the Pure and Impure Prisoner's Dilemmas. Our purpose is to
theoretically extend them when using non-Archimedean quantities and to work with them …

Managerial delegation, network externalities and loan commitment

X Lian, K Zhang, LFS Wang - The Manchester School, 2023 - Wiley Online Library
In this paper, we show that, compared with no network externalities, firms always obtain
higher profits and social welfare in the presence of positive network externalities …

Collusion in a differentiated duopoly with network externalities

R Song, LFS Wang - Economics Letters, 2017 - Elsevier
Conventional wisdom is that collusion between firms will be destabilized when they produce
closer substitutes of products. We show that, in the presence of strong network externalities …

Product market competition, market munificence and firms' unethical behavior

J Yuan, Z Zhou, N Zhou, G Zhan - Chinese Management Studies, 2019 - emerald.com
Purpose This paper aims to examine the effect of product market competition on firms'
unethical behavior (FUB) in the Chinese insurance industry and to further explore the …

Collusion between two-sided platforms

Y Lefouili, J Pinho - International Journal of Industrial Organization, 2020 - Elsevier
We study the price and welfare effects of collusion between two-sided platforms and show
that they depend on whether collusion occurs on both sides or a single side of the market …

Peer effect, bank concentration, and crises: Evidence from the United States

JH Zeng, SJ Lin - Managerial and Decision Economics, 2024 - Wiley Online Library
This research analyzes the impact of banks' peer effect in lending on the bank concentration‐
crisis nexus for the period 2015–2021 in the United States. The analysis finds that a high …