Ruble, Richard; Versaevel, Bruno - Groupe d'Analyse et de Théorie Économique Lyon … - 2008
This note further characterizes the tacit collusion equilibria in the investment timing game of Boyer, Lasserre and Moreaux [1]. Tacit collusion equilibria may or may not exist, and when they do may involve either finite time investments (type 1) or infinite delay (type 2). The relationship...