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Economic and Business Management
book

Economic and Business Management

by Xiaoxia Huang, Feng Zhang
March 2022
Intermediate to advanced content levelIntermediate to advanced
294 pages
16h 47m
English
CRC Press
Content preview from Economic and Business Management

An economic theoretical analysis of collusive behavior: Based on the international iron ore industry as an example

Yixuan Zhang

Durham University Business School, Durham University, Durham, UK

DOI: 10.1201/9781003203704-24

ABSTRACT: This paper will take the international iron ore industry as an example to focus on the collusion between oligopolists. At present, the global iron ore market is an oligopoly market, with a few companies controlling iron ore production volume and market transaction prices. This paper mainly analyzes the game process and results of oligopolists in the international iron ore industry, and explains the causes of collusion and its impact on the economy and society. The research shows that the oligarchic collusion in ...

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Publisher Resources

ISBN: 9781000581621