: reducing the opportunity for managers to transfer value to equityholders from creditors via strategic default, and reducing the …

This paper extends the static analysis of oligopoly structure into an infinite-horizon setting with sunk costs and …

than its static analog. We then test the theory using monthly production targets of the Big Three U.S. auto manufacturers …

There has been a significant interest on a theoretical level in the application of supergames to oligopoly behavior …

market power. Multiple precision medicine market situations now resemble game theory constructs such as the prisoners …

managers. Employment relations can be either tough (where workers are monitored intensively and obtain few rents, and managers … workplace favor exchange). Both workers and managers also exert effort in providing community benefits. The threat of losing … access to community benefits can motivate managers to keep employment soft; conversely, the threat of losing future …