BASING‐POINT PRICING AND INCOMPLETE COLLUSION*
反驳了基点定价不具反竞争性的观点，证明当卡特尔仅在特定地点面临竞争时，基点定价是利润最大化的定价策略，并解释了多基点的出现及其与市场分割方案的一致性。
ABSTRACT. It has been contended that basing‐point pricing (BPP) is not indicative of anticompetitive behavior because a cartel would never attain maximum profits by using BPP. We disprove this contention. BPP is the profit‐maximizing pricing strategy for a cartel that faces competition only at selected locations. In addition, our model explains the emergence of multiple basing points, and establishes that BPP must be consistent with a market‐division scheme.