Showing 1 - 2 of 2
This paper analyzes the farsighted behaviour of firms that form a dominant price leadership cartel. We consider stability concepts such as the farsighted core, the farsighted stable sets, and the largest consistent set. We show that: (i) the farsighted core is either an empty set or a singleton...
Persistent link: https://www.econbiz.de/10008740385
Persistent link: https://www.econbiz.de/10009794291