IDEAS home Printed from https://ideas.repec.org/a/eee/ecolet/v54y1997i2p175-178.html
   My bibliography  Save this article

Collusion under financial constraints: Collusion or predation when the discount factor is near one?

Author

Listed:
  • Kawakami, Toshikazu
  • Yoshihiro, Yoshida

Abstract

No abstract is available for this item.

Suggested Citation

  • Kawakami, Toshikazu & Yoshihiro, Yoshida, 1997. "Collusion under financial constraints: Collusion or predation when the discount factor is near one?," Economics Letters, Elsevier, vol. 54(2), pages 175-178, February.
    • Handle: RePEc:eee:ecolet:v:54:y:1997:i:2:p:175-178
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0165-1765(97)00913-0
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. James W. Friedman, 1971. "A Non-cooperative Equilibrium for Supergames," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 38(1), pages 1-12.
    2. Drew Fudenberg & Eric Maskin, 2008. "The Folk Theorem In Repeated Games With Discounting Or With Incomplete Information," World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 11, pages 209-230, World Scientific Publishing Co. Pte. Ltd..
    3. Rubinstein, Ariel, 1979. "Equilibrium in supergames with the overtaking criterion," Journal of Economic Theory, Elsevier, vol. 21(1), pages 1-9, August.
    4. Jean-Pierre Benoit, 1984. "Financially Constrained Entry in a Game with Incomplete Information," RAND Journal of Economics, The RAND Corporation, vol. 15(4), pages 490-499, Winter.
    5. Milgrom, Paul & Roberts, John, 1982. "Predation, reputation, and entry deterrence," Journal of Economic Theory, Elsevier, vol. 27(2), pages 280-312, August.
    6. McGee, John S, 1980. "Predatory Pricing Revisited," Journal of Law and Economics, University of Chicago Press, vol. 23(2), pages 289-330, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Germán Coloma, 2002. "Un Modelo Integrado de Depredación y Colusión," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 39(116), pages 123-133.
    2. Argenton, Cédric, 2019. "Colluding on excluding," European Economic Review, Elsevier, vol. 113(C), pages 194-206.
    3. Carmen Beviá & Luis C. Corchón & Yosuke Yasuda, 2020. "Oligopolistic equilibrium and financial constraints," RAND Journal of Economics, RAND Corporation, vol. 51(1), pages 279-300, March.
    4. Emilie Dargaud & Maxime Menuet & Petros G. Sekeris, 2024. "Collusion and predation under Cournot competition," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 45(1), pages 315-325, January.
    5. Toshikazu Kawakami, 2010. "Collusion And Predation Under The Condition Of Stochastic Bankruptcy," The Japanese Economic Review, Japanese Economic Association, vol. 61(3), pages 408-426, September.
    6. Dou, Winston Wei & Ji, Yan & Wu, Wei, 2021. "Competition, profitability, and discount rates," Journal of Financial Economics, Elsevier, vol. 140(2), pages 582-620.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Spagnolo, Giancarlo, 2005. "Managerial incentives and collusive behavior," European Economic Review, Elsevier, vol. 49(6), pages 1501-1523, August.
    2. Drew Fudenberg & David K. Levine, 2008. "An Approximate Folk Theorem with Imperfect Private Information," World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 14, pages 309-330, World Scientific Publishing Co. Pte. Ltd..
    3. Abreu, Dilip & Dutta, Prajit K & Smith, Lones, 1994. "The Folk Theorem for Repeated Games: A NEU Condition," Econometrica, Econometric Society, vol. 62(4), pages 939-948, July.
    4. repec:tiu:tiucen:200922 is not listed on IDEAS
    5. Andriy Zapechelnyuk & Ro'i Zultan, 2008. "Altruism, Partner Choice, and Fixed-Cost Signalling," Levine's Working Paper Archive 122247000000002199, David K. Levine.
    6. Jean J. Gabszewicz & Jacques-François Thisse, 2000. "Microeconomic theories of imperfect competition," Cahiers d'Économie Politique, Programme National Persée, vol. 37(1), pages 47-99.
    7. Ernesto Reuben & Sigrid Suetens, 2012. "Revisiting strategic versus non-strategic cooperation," Experimental Economics, Springer;Economic Science Association, vol. 15(1), pages 24-43, March.
    8. Can, Burak, 2014. "Weighted distances between preferences," Journal of Mathematical Economics, Elsevier, vol. 51(C), pages 109-115.
    9. van Veelen, Matthijs & García, Julián, 2019. "In and out of equilibrium II: Evolution in repeated games with discounting and complexity costs," Games and Economic Behavior, Elsevier, vol. 115(C), pages 113-130.
    10. Salomonsson, Marcus, 2009. "Group Selection: The quest for social preferences," SSE/EFI Working Paper Series in Economics and Finance 712, Stockholm School of Economics.
    11. Luca Lambertini, 2000. "Technology and Cartel Stability under Vertical Differentiation," German Economic Review, Verein für Socialpolitik, vol. 1(4), pages 421-442, November.
    12. Matthijs van Veelen, 2007. "Evolution of Strategies in Repeated Games with Discounting," Tinbergen Institute Discussion Papers 06-115/1, Tinbergen Institute.
    13. David Besanko & Ulrich Doraszelski & Yaroslav Kryukov & Mark Satterthwaite, 2008. "Learning-by-Doing, Organizational Forgetting, and Industry Dynamics," GSIA Working Papers 2009-E22, Carnegie Mellon University, Tepper School of Business.
    14. Herings, P. Jean-Jacques & Meshalkin, Andrey & Predtetchinski, Arkadi, 2017. "A one-period memory folk theorem for multilateral bargaining games," Games and Economic Behavior, Elsevier, vol. 103(C), pages 185-198.
    15. Bohn Frank, 2013. "The Politics of Surprise Devaluations: Modelling Motives for Giving Up a Peg," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 233(5-6), pages 562-574, October.
    16. Olivier GOSSNER, 2020. "The Robustness of Incomplete Penal Codes in Repeated Interactions," Working Papers 2020-29, Center for Research in Economics and Statistics.
    17. Reuben, E. & Suetens, S., 2008. "Conditional Cooperation : Disentangling Strategic from Non-Strategic Motivations," Discussion Paper 2008-33, Tilburg University, Center for Economic Research.
    18. Argenton, Cédric, 2019. "Colluding on excluding," European Economic Review, Elsevier, vol. 113(C), pages 194-206.
    19. Spagnolo, Giancarlo, 2002. "Globalization and Cooperative Relations," CEPR Discussion Papers 3522, C.E.P.R. Discussion Papers.
    20. Jiawei Li & Graham Kendall, 2015. "On Nash Equilibrium and Evolutionarily Stable States That Are Not Characterised by the Folk Theorem," PLOS ONE, Public Library of Science, vol. 10(8), pages 1-9, August.
    21. Seth Frey & Robert L. Goldstone, 2018. "Cognitive mechanisms for human flocking dynamics," Journal of Computational Social Science, Springer, vol. 1(2), pages 349-375, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolet:v:54:y:1997:i:2:p:175-178. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolet .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.