A Supergame-Theoretic Model of Business Cycles and Price Wars During Booms
收藏NBER1984-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1412
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资源简介：
This paper studies implicitly colluding oligopolists facing fluctuating demand. The credible threat of future punishments provides the discipline that facilitates collusion. However, we find that the temptation to unilaterally deflate from the collusive outcome is often greater when demand is high.
提供机构：
美国国家经济研究局
创建时间：
1984-08-01
