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On Globally Optimal Punishments in the Repeated Cournot Game

Delbono, Flavio; Lambertini, Luca - 2016

, we show that the stick-and-carrot punishment à la Abreu (1986) may not be globally optimal. We prove our result by …-and-carrot globally optimal punishment for large cartels, and fully characterise it. Then, we show that for mall cartels, global …

Persistent link: https://www.econbiz.de/10014123738

Split equilibrium problems for related games and applications to economic theory

Li, Jinlu - In: International game theory review 20 (2018) 4, pp. 1-20

Persistent link: https://www.econbiz.de/10012016585

Location strategy for a firm under competitive delivered prices

García, María Dolores; Pelegrín, Blas; Fernández, … - In: The annals of regional science : an international … 47 (2011) 1, pp. 1-23

This paper addresses the location problem for an entering firm that will play a Bertrand game with other pre-existing firms in order to maximize its profit. Demand for a homogeneous product is price-sensitive and firms use delivered pricing. Under some specific conditions, it is shown that the...

Persistent link: https://www.econbiz.de/10009235141