English, Article edition: Estimating the Price Overcharge from Cartelisation of the Irish Automobile Industry Mariuzzo, Franco; Walsh, Patrick Paul; van Parys, Olivier

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Estimating the Price Overcharge from Cartelisation of the Irish Automobile Industry
Author
  • Mariuzzo, Franco
  • Walsh, Patrick Paul
  • van Parys, Olivier
Physical Description
  • article
Notes
  • Price coordination can be very harmful for consumers. Yet, even if a cartel is proved to exist, and successful in enforcement, how do we estimate damages or price overcharges to consumers? We build a structural model of the Irish automobile market that avails of a crosssection of new cars and jointly estimate demand and cost primitives. We use these estimates to quantify the role that price coordination could play in terms of pricing, profits and burden of taxation in three alternative regimes - All models of cars compete in price (Regime I); Only cars of different manufacturers compete in price (Regime II); Only cars of different importers compete in price (Regime III).
  • RePEc:eso:journl:v:40:y:2009:i:2:p:165-182
Language
  • English
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