Collusion and the elasticity of demand

The analysis of collusion in infinitely repeated Cournot oligopoly games has generally assumed that demand is linear, but this note uses constant-elasticity demand functions to investigate how the elasticity of demand affects the sustainability of collusion.

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Year of publication:	2004-03-19
Authors:	Collie, David
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 12.2004, 3, p. 1-6
Publisher:	AccessEcon
Subject:	cartel

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Extent:	application/pdf
Type of publication:	Article
Classification:	L1 - Market Structure, Firm Strategy, and Market Performance ; C7 - Game Theory and Bargaining Theory
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010630041