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The widespread use of algorithmic technologies makes rules on tacit collusion, which are already controversial in antitrust law, more complicated. These rules have obvious limitations in effectively regulating algorithmic collusion. Although some scholars and practitioners within antitrust...
Persistent link: https://www.econbiz.de/10014261437
This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the …This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the …
Persistent link: https://www.econbiz.de/10013520714
his book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the …
Persistent link: https://www.econbiz.de/10003400472
, oligopoly can magnify the effects of distance. The paper suggests that trade theory, in its mission to explain the pattern of … trade flows, should continue to advance in its modeling of strategic behavior in oligopoly. The paper also provides a rich …
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This paper proposes several statistical tests for finite state Markov games to examine the null hypothesis that the data are generated from a single equilibrium. We formulate tests of (i) the conditional choice probabilities, (ii) the steady-state distribution of states and (iii) the conditional...
Persistent link: https://www.econbiz.de/10010199002