caa a22 4500 46793018X CHVBK 20180406152941.0 cr unu---uuuuu 170328e20060301xx s 000 0 eng 10.1007/s11151-006-0009-5 doi (NATIONALLICENCE)springer-10.1007/s11151-006-0009-5 Market Power and Incentives to Form Research Consortia [Elektronische Daten] [Eliane Catilina, Robert Feinberg] It is well known that instability is a limit to the formation of cartels, and that some synergies are required to give cartel members an advantage over outsiders. In this paper, we explore theoretically the linkage between cost-reduction alliances (like research joint ventures) and the formation of cartels. The former have negative external impacts on outsiders, while the latter have positive external effects on outside (independent) competitors. We find that when the decisions to join both are made simultaneously the cartel can be profitable and stable for a smaller number of members than previously found for cartel formation alone by Salant et al. (1983, Quarterly Journal of Economics 98, 185-199). This result follows both for open membership and exclusive membership rules, and suggests a possible anticompetitive impact of research joint ventures. Springer, 2006 cartel nationallicence group formation nationallicence RJV nationallicence Catilina Eliane Department of Economics, American University, 20016, Washington, DC, U.S.A. aut Feinberg Robert Department of Economics, American University, 20016, Washington, DC, U.S.A. aut Review of Industrial Organization Kluwer Academic Publishers 28/2(2006-03-01), 129-144 0889-938X 28:2<129 2006 28 11151 https://doi.org/10.1007/s11151-006-0009-5 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s11151-006-0009-5 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Catilina Eliane Department of Economics, American University, 20016, Washington, DC, U.S.A aut NATIONALLICENCE 700 1- Feinberg Robert Department of Economics, American University, 20016, Washington, DC, U.S.A aut NATIONALLICENCE 773 0- Review of Industrial Organization Kluwer Academic Publishers 28/2(2006-03-01), 129-144 0889-938X 28:2<129 2006 28 11151 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer