Impacto da diferenciação do produto na sustentabilidade de acordos colusivos

Description

This study aims to explore the relation between the degree of product differentiation and the ability of the firms to sustain tacit collusive agreements. Underlying of this study it is the construction and analysis of a theoretical duopoly model with product differentiation. The main objective is to contribute to the existing literature, where an ambiguity persists regarding the effect of product differentiation on the sustainability of collusion: if, on the one hand, it reduces the incentives for deviation, on the other hand, it reduces the punishment that can be implemented after a deviation.
The results of this dissertation show that the vertical differentiation of the product reduces the sustainability of the collusion. The model predicts that, in the presence of vertical differentiation, horizontal differentiation has a non-monotonic effect on the sustainability of collusion.

Period	Sept 2017 → 20 Nov 2018
Held at	University of Porto, Portugal
Degree of Recognition	Master