Escrihuela-Villar, Marc; Gutiérrez-Hita, Carlos - In: Estudios de economía 45 (2018) 1, pp. 29-50
first investigate the extent to which collusive agreements are feasible. Secondly, we focus on collusion sustainability in … an infinitely repeated game. We show that, regardless of the degree of cost asymmetry, at least some collusion is always … sustainable. Finally, the degree of collusion is also endogeneised to show that cooperation has an upper bound determined by the …
