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by HarryHirsch
4522 days ago
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I don't know the literature, and what assumptions they make in there, but out in the real world the lightbulb cartel lasted from 1924 till 1942 or thereabouts. The keyword to look for is "Phoebus Cartel". Also, recently in the news: the Silicon Valley wage-fixing cartel. They may be hard to maintain, but they do spring up and may exert power while alive. |
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1) There is a scientific basis for the 10.000 hours, the "greatest" achievement generally attributed to Phoebus[1]:
2) According wikipedia (and this page: http://www.uwcc.wisc.edu/icic/def-hist/history/famous.html )[2]: [1] http://en.wikipedia.org/wiki/Lightbulb#Light_output_and_life...[2] http://en.wikipedia.org/wiki/Phoebus_cartel#Demise