Title of article
Collusion and cyclic pricing by managers in markets with fluctuating demand
Author/Authors
Leslie Neubecker، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2005
Pages
6
From page
164
To page
169
Abstract
We analyze the cyclicity of pricing by managers with stock-based or with profit-based compensation in a market with stochastic, autocorrelated demand development. Since managers with stock-based compensation have a higher incentive to collude, the cyclicity of prices is lower in this case.
Keywords
Management compensation , Demand fluctuation , Collusion
Journal title
Economics Letters
Serial Year
2005
Journal title
Economics Letters
Record number
435718
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