Cooperation and Efficiency in Markets

• Κύριος συγγραφέας: Horniacek, Milan (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2011.
• Σειρά: Lecture Notes in Economics and Mathematical Systems, 649
• Θέματα: Game theory.; Economic theory.; Microeconomics.; Industrial organization.; Economic policy.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Industrial Organization.; Economic Policy.; Game Theory, Economics, Social and Behav. Sciences.

The book deals with collusion between firms on both sides of a market that is immune to deviations by coalitions. We study this issue using an infinitely countably repeated game with discounting of future single period payoffs. A strict strong perfect equilibrium is the main solution concept that we...