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Cooperation and efficiency in markets / Milan Horniacek

By: Material type: TextTextSeries: Lecture notes in economics & mathematical systems ; 649Publication details: Verlag : Springer, 2011Description: vii, 92p. 23cmISBN:
  • 9783642197628
Subject(s): DDC classification:
  • 381.1015118 HOR
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Item type Current library Call number Status Date due Barcode Item holds
Book Book Calcutta 381.1015118 HOR (Browse shelf(Opens below)) Available IIMC-133289
Total holds: 0

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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