Cooperation and efficiency in markets

The book deals with collusion between firms on both sides of a market that is immune to deviations by coalitions. We study this issue using an infinitely countably repeated game with discounting of future single period payoffs. A strict strong perfect equilibrium is the main solution concept that we...

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Detalles Bibliográficos

Publicado en:	Springer eBooks.
Autor Principal:	Horniacek, Milan
Autor Corporativo:	SpringerLink (Online service)
Formato:	Electronic Resource
Idioma:	English
Publicado:	Berlin, Heidelberg Springer Berlin Heidelberg c2011.
Series:	Lecture notes in economics and mathematical systems 649.
Subjects:	Efficient market theory. Coopeation. Economics. Business. Markets > Mathematical models. Oligopolies > Mathematical models. Electronic books.
Acceso en liña:	Available for University of the Philippines Diliman via SpringerLink. Click here to access