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Collusion sustainability with optimal punishments and detection lags, with an application to a Cournot game

In this paper we characterize optimal punishments with detection lags when the market consists of n oligopolistic firms that compete à la Cournot. It is shown how in the presence of detection lags optimal punishments fail to restore cooperation as long as the number of lags increases. Moreover, coll...

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書誌詳細
出版年:Estudios de Economía
主要な著者: Aitor Ciarreta, Carlos Gutiérrez Hita
フォーマット: Artigo
言語:Inglês
出版事項: Universidad de Chile 2013
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オンライン・アクセス:https://www.redalyc.org/articulo.oa?id=22129674006
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