Weibull, Jörgen; Dutta, Prajit; Matros, Alexander - Economics Institute for Research (SIR), … - 2002
Coase’s argument to oligopoly leads to a radically different conclusion:
under a wide range of circumstances such … dynamic oligopoly, and Fudenberg and
Tirole (1991) for various versions of the folk theorem.
2
However, we also show that in …-games model. The standard model of dynamic oligopoly
corresponds to the special case when a new batch of consumers enter each …