Factors For Agreement

Added to this are economic measures and outcomes that go beyond the parallel behaviour of oligopolistic firms and are largely incompatible with unilateral behaviour, but are largely consistent with explicitly coordinated measures. The most potential factors are generally listed, without any attempt to differentiate them in terms of judicious economic categorization or their probative value for the derivation of agreements. In this article, we provide a taxonomy for plus factors as well as a methodology for ranking plus factors with respect to their strength to infer explicit agreements, the strongest of which are called “Super Plus factors”. Transaction Cost Economics (TCE) argues that there are behavioural and informational factors and product characteristics that influence the level of transaction costs (Williamson, 1979).

This entry was posted in Uncategorized. Bookmark the permalink.