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Collusion under imperfect monitoring is explored when firms' prices are private information and their quantities are public information; an information structure consistent with several recent price-fixing cartels such as those in lysine and vitamins. For a class of symmetric duopoly games, it...
Persistent link: https://www.econbiz.de/10014028165
1. Non-equilibrium dynamics in the evolution of industries -- 2. Models of industry dynamics -- 3. A dynamic model of Schumpeterian competition -- 4. Growing an industry in silico -- 5. Shakeouts : limited foresight, technological shocks, and transient industry dynamics -- 6. Industry dynamics...
Persistent link: https://www.econbiz.de/10013183423