On the Role of Patience in Collusive Bertrand Duopolies

This paper analyzes the role of patience in a repeated Bertrand duopoly where firms bargain over which collusive price and market share to implement. It is shown that the least patient firm's market share is not monotone in its own discount factor

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Year of publication:	2011
Authors:	Andersson, Ola
Publisher:	[S.l.] : SSRN
Subject:	Duopol \| Duopoly \| Wettbewerbsbeschränkung \| Restraints of competition \| Spieltheorie \| Game theory \| Preiswettbewerb \| Price competition \| Kartell \| Cartel
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economics Letters, Vol. 100, No. 1, 2008 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 30, 2007 erstellt Volltext nicht verfügbar
Classification:	C72 - Noncooperative Games ; D43 - Oligopoly and Other Forms of Market Imperfection ; L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; L41 - Monopolization; Horizontal Anticompetitive Practices
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014178725