Oleksandr Shcherbakov

Contact

Oleksandr Shcherbakov

Currency

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9

Latest

Identifying the Degree of Collusion Under Proportional Reduction

Staff Working Paper 2017-51 Oleksandr Shcherbakov, Naoki Wakamori
Proportional reduction is a common cartel practice in which cartel members reduce their output proportionately. We develop a method to quantify this reduction relative to a benchmark market equilibrium scenario and relate the reduction to the traditional conduct parameter.

See More

About

Follow the Bank