ABSTRACT
This chapter summarizes the results obtained in the preceding chapters of this book. The book determines how the relative size of the cartel affects the market's performance. In doing so, it focuses on that less frequently studied middle spectrum of market structures between the extremes of pure competition and pure monopoly. While the attention through most of the book centered on the assumptions that differentiate the models, it is also important to keep in mind some assumptions that are common to all. Before going on to summarize the results, it may be useful to restate some of these assumptions. The discussion now turns to the summary of results. A special topic of considerable interest is that of cartel stability. The analysis began by examining the relative profitability to identical firms operating in the a few supply sectors under a given market regime.
