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differentiation and the cartel size, to predict endogenous cartels and to carry out a welfare analysis. Both repeated and static games …This article analyses cartels that act as a Stackelberg leader with respect to a competitive fringe in industries …
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The main objects here are two-stage games in which players first compete and subsequently collaborate. We consider …
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Emission of uniformly dispersed greenhouse gases in construed here as a cooperative production game, featuring side …-payments, quata exchange, uncertainty, and multi-period planning. Stochastic programming offers good instruments to analyze such games …
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Two approaches to equilibrium selection are contrasted in the context of an investment-opportunism-retaliation (IOR) game. In this game, a valuable (efficient) investment may be forgone in the face of opportunistic behavior, however, players who are victims of opportunism may retaliate to the...
Persistent link: https://www.econbiz.de/10005767726
Two approaches to equilibrium selection are contrasted in the context of an investment-opportunism-retaliation (IOR) game. In this game, a valuable (efficient) investment may be forgone in the face of opportunistic behavior, however, players who are victims of opportunism may retaliate to the...
Persistent link: https://www.econbiz.de/10005776770