BENCHEKROUN, Hassan; GAUDET, Gérard; LONG, Ngo Van - Département de Sciences Économiques, Université de … - 2004
We analyze the behavior of a nonrenewable resource cartel that anticipates being forced, at some date in the future, to break-up into an oligopolistic market in which its members will then have to compete as rivals. Under reasonable assumptions about the value function of the individual firms in...
