Binner, Jane M.; Fletcher, Leslie R.; Kolokoltsov, Vassili - In: Games 4 (2013) 4, pp. 754-775
Prompted by a real-life observation in the UK retail market, a two-player Prisoners' Dilemma model of an alliance … become a Nash equilibrium for the two-player Prisoners' Dilemma, weak or asymmetric pressure that plays on the partners … between two firms is adapted to include the response of a rival firm, resulting in a version of a three-player Prisoners …