What evidence is provided in the case of collusive behavior? More generally, what are the symptoms and tests of collusive behavior?
economics
Description
The Individual assignment (70%)
This year it is an essay on the truck cartel where the EU Commission issued fines in November 2020.
Table 6: Micro assignment rubric
Dublin
Descriptor Criterion (equally weighted)
DD1 (15%) With reference to the case, carefully describe the market structure in which the truck manufacturing companies operate.
DD2 (15%) What evidence is provided in the case of collusive behavior? More generally, what are the symptoms and tests of collusive behavior?
DD3 (10%) In the market structure discussed above under 1, what conditions make it possible for dominant firms to collude? Is collusion "cheat proof"? Base your answer i.e. on insights from game theory.
DD3 (10%) Discuss the incentive(s) of the companies to participate in the cartel.
DD3 (10%) Assess the welfare consequences of the companies' decision to participate in the cartel. Use graphs where possible and appropriate.
DD3 (10%) Identify the direct and indirect costs and benefits of government regulation as applied through competition policy.
DD3 (10%) What conclusions can you draw about the Commission decision to impose fines on the cartel participants? Explain why you think it is a good or bad decision. If you believe the fine is an appropriate measure, has it been calculated high/low enough?
DD4 (10%) Writing style/Referencing (APA)/format requirements
DD5 (10%) Self directed learning (paper has consulted relevant sources)
Table 2: Grading Scale
