How Long to Read The Economics of Collusion

How Long Does it Take to Read The Economics of Collusion?

It takes the average reader 5 hours and 21 minutes to read The Economics of Collusion by Robert C. Marshall

Assuming a reading speed of 250 words per minute. Learn more

Description

An examination of collusive behavior: what it is, why it is profitable, how it is implemented, and how it might be detected. Explicit collusion is an agreement among competitors to suppress rivalry that relies on interfirm communication and/or transfers. Rivalry between competitors erodes profits; the suppression of rivalry through collusion is one avenue by which firms can enhance profits. Many cartels and bidding rings function for years in a stable and peaceful manner despite the illegality of their agreements and incentives for deviation by their members. In The Economics of Collusion, Robert Marshall and Leslie Marx offer an examination of collusive behavior: what it is, why it is profitable, how it is implemented, and how it might be detected. Marshall and Marx, who have studied collusion extensively for two decades, begin with three narratives: the organization and implementation of a cartel, the organization and implementation of a bidding ring, and a parent company's efforts to detect collusion by its divisions. These accounts—fictitious, but rooted in the inner workings and details from actual cases—offer a novel and engaging way for the reader to understand the basics of collusive behavior. The narratives are followed by detailed economic analyses of cartels, bidding rings, and detection. The narratives offer an engaging entrée to the more rigorous economic discussion that follows. The book is accessible to any reader who understands basic economic reasoning. Mathematical material is flagged with asterisks.

How long is The Economics of Collusion?

The Economics of Collusion by Robert C. Marshall is 315 pages long, and a total of 80,325 words.

This makes it 106% the length of the average book. It also has 98% more words than the average book.

How Long Does it Take to Read The Economics of Collusion Aloud?

The average oral reading speed is 183 words per minute. This means it takes 7 hours and 18 minutes to read The Economics of Collusion aloud.

What Reading Level is The Economics of Collusion?

The Economics of Collusion is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Economics of Collusion?

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