Renegotiation in a repeated Cournot duopoly
AbstractWe investigate a repeated Cournot duopoly with strictly convex cost functions. In an example the set of Weakly Renegotiation Proof Equilibrium payoffs shrinks towards the joint profit maximizing payoff point as marginal costs are made to rise more rapidly.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 47 (1995)
Issue (Month): 2 (February)
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Other versions of this item:
- C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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"Renegotiation in a repeated Cournot duopoly,"
Elsevier, vol. 47(2), pages 143-148, February.
- Christian Schultz, 1992.
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92-06, University of Copenhagen. Department of Economics.
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Journal of Economic Theory,
Elsevier, vol. 47(1), pages 206-217, February.
- van Damme,Eric, 1986. "Renegotiation-proof equilibria in repeated Prisoner`s dilemma," Discussion Paper Serie A 84, University of Bonn, Germany.
- Joseph Farrell and Eric Maskin., 1987.
"Renegotiation in Repeated Games,"
Economics Working Papers
8759, University of California at Berkeley.
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- John Driffill & Christian Schultz, 1991.
"Renegotiation in Repeated Cournot-Duopoly,"
91-13, University of Copenhagen. Department of Economics.
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