Philosophy & Economics

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Veranstaltungstitel The Economics of Collusion +++ verlegt in den Winter 2020/21 +++
Kennzeichen 50342
Veranstaltungsart Blockseminar
Fachgruppe Ökonomie (VWL)
Semester Sommer 2020
Dozent(en) Daniel F. Heuermann
Stefan Witte
Empfehlung(en) Studiensemester 2. Semester (P&E Master)
3. Semester (P&E Master)
4. Semester (P&E Master)
6. Semester (P&E Bachelor)
Bereich(e) MA Electives
V4: Verzahnungsseminar II


+++ This course has been postponed to the winter term 2020/21 +++

Explicit collusion is an agreement between competitors to suppress inter-firm rivalry, which relies on interfirm communication and/or transfers. Rivalry between competitors erodes profits; the suppression of such rivalry through collusion is therefore one avenue by which firms can enhance their profits. Many cartels and bidding rings function for years in a stable manner despite the illegality of their agreements and incentives for deviation by their members. 

This seminar will build on the book The Economics of Collusion by Robert Marshall and Leslie Marx, who offer an examination of collusive behavior: what it is, why it is profitable, how it is implemented, and how it might be detected by anti-trust authorities. Beyond the textbook, we will show how collusive behavior can be analyzed in reality in order to learn how real-world economic analysis is carried out. This part of the seminar will rely on the study Quantifying Antitrust Damages, prepared for the European Commission and widely received by competition economists. 

Students should have a firm understanding of microeconomic theory and applied econometrics. Knowledge in IO (industrial organisation) topics is helpful but not required. 

The seminar will start on Friday in the early afternoon, carry on throughout Saturday and end on Sunday in the early afternoon.


Students can apply for the seminar via email to Daniel Heuermann ( Please indicate in your email whether you are a Bachelor's or a Master's student and which semester of your studies you are in. Places will be assigned based on the recommended study plan (Studienempfehlung) and, if demand exceeds supply, by random draw.



Erfordernisse zum Punkteerwerb

Participants are required to: .

  • be present throughout the seminar,
  • present one topic (either alone or in a group),
  • submit a term paper of 12 to 15 pages on a selected topic after the seminar.

Zugehörige Termine
von - bis Ort  
Fri. 15.05.2020 S 5 (GW II)
Sat. 16.05.2020 S 5 (GW II)
Sun. 17.05.2020 S 5 (GW II)