Consider the impact of treating each of the 3 types of duopolies as a repeated game with the same players. Specific focus on if this makes collusion more or less likely in each case (with justification for either answer) and which games it is easiest to maintain collusion.

Consider the impact of treating each of the 3 types of duopolies as a repeated game with the same players. Specific focus on if this makes collusion more or less likely in each case (with justification for either answer) and which games it is easiest to maintain collusion.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter15: Oligopoly And Strategic Behavior

Section: Chapter Questions

Problem 17P

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Question

Consider the impact of treating each of the 3
types of duopolies as a repeated game with the
same players. Specific focus on if this makes
collusion more or less likely in each case (with
justification for either answer) and which games
it is easiest to maintain collusion.

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