Showing 1 - 4 of 4
The author considers a Bertrand-Edgeworth model of price competition. Firms have identical and constant marginal costs and finite exogenous capacities. Firms choose prices. The author's interest is in the set of those prices which are left over after the iterated elimination of dominated...
Persistent link: https://www.econbiz.de/10005672890
This paper considers the estimation problem in dynamic games with finite actions. we derive the equation system that characterizes the markovian equilibria. the equilibrium equation system enables us to characterize conditions for identification. we consider a class of asymptotic least squares...
Persistent link: https://www.econbiz.de/10010970148
This paper examines the bidding for school milk contracts in Florida and Texas during the 1980s. In both states firms were convicted of bid-rigging. The data and legal evidence suggest that the cartels in the two states allocate contracts in different ways: One cartel divides the market among...
Persistent link: https://www.econbiz.de/10005168008
This paper considers the estimation problem in dynamic games with finite actions. We derive the equation system that characterizes the Markovian equilibria. The equilibrium equation system enables us to characterize conditions for identification. We consider a class of asymptotic least squares...
Persistent link: https://www.econbiz.de/10005672915