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- underconsumption theory
- unemployment
- variable proportions, law of
- vent for surplus
- Verdoorn's law
- wages fund doctrine
- Wagner's law
- Walras's stability
- Weber's theory of the location of the firm
- Wicksell's theory of capital
- x-efficiency
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Collusion Theory
Co-operation between two or more companies producing similar goods may entail similar pricing or output levels.
These conditions of competition may be more akin to a monopoly market.
Collusion is outlawed in most capitalist economies.
Also see: monopoly, monopolistic competition, monopoly capitalism, administered pricing
Source:
G J Stigler, 'A Theory of Oligopoly', Journal of Political Economy, 72, 1 (February, 1964), 44-61
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