Lu, Yi-Shan; Tsai, Chien-Shu; Lee, Jen Yao; Lee, Chung-Yang - In: Games 15 (2024) 23, pp. 1-7
In this paper, we aim to investigate the collusive stability in the presence of network externalities among firms with relative performance in the firm's objective functions. We demonstrate that collusive stability is increasing (decreasing) in the degree of relative performance, product...