DANGO: JAPAN'S PRICE-FIXING CONSPIRACIES

This paper addresses two questions about collusion in the Japanese construction industry. First, what mechanisms are used for enforcing the collusive agreement, for dividing the spoils, and for preventing the entry of new firms seeking a share of the collusive profits? Second, how much are prices raised as a result of the collusion? Copyright 1991 Blackwell Publishers Ltd..

[1]  Roger B. Myerson,et al.  Optimal Auction Design , 1981, Math. Oper. Res..

[2]  D. Graham,et al.  Collusive Bidder Behavior at Single-Object Second-Price and English Auctions , 1987, Journal of Political Economy.

[3]  Peter Enderwick,et al.  The International Competitiveness of Japanese Service Industries: A Cause for Concern? , 1990 .

[4]  R. Porter,et al.  Detection of Bid Rigging in Procurement Auctions , 1992, Journal of Political Economy.

[5]  J. Ramseyer.  The Costs of the Consensual Myth: Antitrust Enforcement and Institutional Barriers to Litigation in Japan , 1985 .

[6]  D. Stark.  The Yakuza : Japanese crime incorporated , 1981 .

[7]  C. Mulvey,et al.  An Analysis of the Origins of Sex Differences in Australian Wages , 1986 .

[8]  Donald S. Zagoria,et al.  The Enigma of Japanese Power , 1989 .

[9]  W. B. Erickson.  Price Fixing Conspiracies: Their Long-Term Impact , 1976 .

[10]  Fumio Hasegawa,et al.  Built by Japan: Competitive Strategies of the Japanese Construction Industry , 1988 .

[11]  G. Tullock.  THE WELFARE COSTS OF TARIFFS, MONOPOLIES, AND THEFT , 1967 .

[12]  Richard A. Posner,et al.  Social Costs of Monopoly and Regulation , 1974 .

[13]  A. Krueger.  The Political Economy of the Rent-Seeking Society , 1974 .

[14]  Vernon A. Mund,et al.  Identical Bid Prices , 1960, Journal of Political Economy.

[15]  Jagdish N. Bhagwati,et al.  Directly Unproductive, Profit-Seeking (DUP) Activities , 1982, Journal of Political Economy.

[16]  Peter Cramton,et al.  Cartel Enforcement with Uncertainty About Costs , 1990 .

[17]  R. Preston McAfee,et al.  Incentives in Government Contracting , 1988 .

[18]  J. Hicks.  Annual Survey of Economic Theory: The Theory of Monopoly , 1935 .

[19]  R. Tollison,et al.  The Political economy of rent-seeking , 1988 .

[20]  Shintaro Ishihara,et al.  The Japan That Can Say No , 1991 .

[21]  Robert E. Hall,et al.  Industry Rents: Evidence and Implications , 1989 .

[22]  G. Curtis.  The Japanese way of politics , 1989 .