How Long to Read The Sociology of Cartels

How Long Does it Take to Read The Sociology of Cartels?

It takes the average reader to read The Sociology of Cartels by Justus Haucap

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

Description

Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate for years or even decades. While the literature has presented several determinants of cartel stability, the vast majority focuses on firms as entities, even though cartels are typically formed between individuals who need to develop structures that allow them to establish trust and ensure cooperation. We analyze 15 German cartels, focusing on the individual participants, the communication and internal structures within the cartels as well as their breakup. Our results indicate that cartel members are highly homogeneous and often rely on existing networks within the industry. Most impressively, only two of the 156 individuals involved in these 15 cartels were female, suggesting that gender also plays a role for cartel formation. We further identify various forms of communication and divisions of responsibilities and show that leniency programs are a powerful tool in breaking up cartels. Based on these results we discuss implications for competition policy and further research.

How long is The Sociology of Cartels?

The Sociology of Cartels by Justus Haucap is 0 pages long, and a total of 0 words.

This makes it 0% the length of the average book. It also has 0% more words than the average book.

How Long Does it Take to Read The Sociology of Cartels Aloud?

The average oral reading speed is 183 words per minute. This means it takes to read The Sociology of Cartels aloud.

What Reading Level is The Sociology of Cartels?

The Sociology of Cartels is suitable for students ages 2 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 Sociology of Cartels?

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