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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Détails bibliographiques
Publié dans:Springer eBooks.
Auteur principal: Horniacek, Milan
Collectivité auteur: SpringerLink (Online service)
Format: Electronic Resource
Langue:English
Publié: Berlin, Heidelberg Springer Berlin Heidelberg c2011.
Collection:Lecture notes in economics and mathematical systems 649.
Sujets:
Accès en ligne:Available for University of the Philippines Diliman via SpringerLink. Click here to access