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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Pubblicato in:	Springer eBooks.
Autore principale:	Horniacek, Milan
Ente Autore:	SpringerLink (Online service)
Natura:	Electronic Resource
Lingua:	English
Pubblicazione:	Berlin, Heidelberg Springer Berlin Heidelberg c2011.
Serie:	Lecture notes in economics and mathematical systems 649.
Soggetti:	Efficient market theory. Coopeation. Economics. Business. Markets > Mathematical models. Oligopolies > Mathematical models. Electronic books.
Accesso online:	Available for University of the Philippines Diliman via SpringerLink. Click here to access