Renegotiation in Repeated Cournot-Duopoly
We 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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|Date of creation:||Sep 1991|
|Date of revision:|
|Publication status:||Published in: Economics Letters, 1995, 47(2) pp 143-148|
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- John Driffill & Christian Schultz, 1991.
"Renegotiation in Repeated Cournot-Duopoly,"
91-13, University of Copenhagen. Department of Economics.
- Joseph Farrell and Eric Maskin., 1987.
"Renegotiation in Repeated Games,"
Economics Working Papers
8759, University of California at Berkeley.
- Fudenberg, Drew & Maskin, Eric, 1986. "The Folk Theorem in Repeated Games with Discounting or with Incomplete Information," Econometrica, Econometric Society, vol. 54(3), pages 533-54, May.
- van Damme,Eric, 1986.
"Renegotiation-proof equilibria in repeated Prisoner`s dilemma,"
Discussion Paper Serie A
84, University of Bonn, Germany.
- van Damme, Eric, 1989. "Renegotiation-proof equilibria in repeated prisoners' dilemma," Journal of Economic Theory, Elsevier, vol. 47(1), pages 206-217, February.
- van Damme, E.E.C., 1989. "Renegotiation-proof equilibria in repeated prisoners' dilemma," Other publications TiSEM df9180a1-537e-4331-9f2a-7, Tilburg University, School of Economics and Management.
- Schultz Christian, 1994.
"A Note on Strongly Renegotiation-Proof Equilibria,"
Games and Economic Behavior,
Elsevier, vol. 6(3), pages 469-473, May.
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