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Passing-on in Cartel Damages Action: An Agent-Based Model

  • Claudia NardoneEmail author
  • Federico Cecconi
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Abstract

When there are infringements causing a price increase, such as cartels, one of the effects on direct purchaser’s profit is the so-called passing-on effect. Passing-on rate is the proportion of the illegal price increase that cartel direct purchasers, in turn, translate into an increase in their own final price. In this chapter, we develop an agent-based model of a supply chain, where agents are firms who lay on different levels of the chain and are engaged in trading.

Keywords

Price variation Agent-based modelling Trading Firm behaviour Cartel 
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© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.CEIS – University of Rome Tor VergataRomeItaly
  2. 2.LABSS ISTC-CNRROMEItaly

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