Ciarreta Antuñano, Aitor; Gutiérrez Hita, Carlos - Departamento de Fundamentos del Análisis Económico … - 2005
The paper has two major contributions to the theory of repeated games. First, we build a supergame oligopoly model where firms compete in supply functions, we show how collusion sustainability is affected by the presence of a convex cost function, the magnitude of both the slope of demand...