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Cooperation and efficiency in markets / Milan Horniacek
Material type:
TextSeries: Lecture notes in economics & mathematical systems ; 649Publication details: Verlag : Springer, 2011Description: vii, 92p. 23cmISBN: - 9783642197628
- 381.1015118 HOR
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Calcutta | 381.1015118 HOR (Browse shelf(Opens below)) | Available | IIMC-133289 |
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| 381.1 IBR Shopping choices with public transport options : | 381.1 THA Store wars | 381.1 TUC Economics of retailing : | 381.1015118 HOR Cooperation and efficiency in markets / | 381.102854678 ZHA E-supply chain technologies and management / | 381.106 SIN Managing retailing / | 381.109 ALE The Emergence of modern retailing 1750-1950 / |
The book deals with collusion between firms on both sides of a market that is immune to deviations by coalitions. The book studies this issue using an infinitely countably repeated game with discounting of future single period payoffs.
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