Athey, Susan (contributor); Bagwell, Kyle (contributor); … - 2002 - [Elektronische Ressource]
game, in which prices are publicly observed
and each ¯rm receives a privately observed, i.i.d. cost shock in each period …¯nitely repeated Bertrand
game in which past prices are publicly observed. The standard model o®ers a number of insights,
but it … is greater when the theory o®ers predictions concerning
the manner in which collusive prices vary with underlying market …