Two economic applications of sympathy

被引:14
作者
Sally, D [1 ]
机构
[1] Cornell Univ, Ithaca, NY 14853 USA
关键词
D O I
10.1093/jleo/18.2.455
中图分类号
F [经济];
学科分类号
02 ;
摘要
The notion of sympathy is analyzed in the setting of coordination between duopolists and in the setting of the sale of a used car of possibly low quality. In both cases, the analysis suggests a number of empirical regularities concerning the effects of social interaction, physical distance, and psychological affinity. These regularities are confirmed by various historical accounts of collusion and by national survey results on used car purchases.
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页码:455 / 487
页数:33
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