The suboptimality of optimal punishments in Cournot supergames
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Val Eugene Lambson, 1987. "Optimal Penal Codes in Price-setting Supergames with Capacity Constraints," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 54(3), pages 385-397.
- Lambson Val Eugene, 1994. "Some Results on Optimal Penal Codes in Asymmetric Bertrand Supergames," Journal of Economic Theory, Elsevier, vol. 62(2), pages 444-468, April.
- Lambson, Val Eugene, 1995. "Optimal penal codes in nearly symmetric Bertrand supergames with capacity constraints," Journal of Mathematical Economics, Elsevier, vol. 24(1), pages 1-22.
- 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.
- Abreu, Dilip, 1988. "On the Theory of Infinitely Repeated Games with Discounting," Econometrica, Econometric Society, vol. 56(2), pages 383-396, March.
- Luca Lambertini & Dan Sasaki, 1999. "Optimal punishments in linear duopoly supergames with product differentiation," Journal of Economics, Springer, vol. 69(2), pages 173-188, June.
- 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..
- Fudenberg, Drew & Maskin, Eric, 1986. "The Folk Theorem in Repeated Games with Discounting or with Incomplete Information," Econometrica, Econometric Society, vol. 54(3), pages 533-554, May.
- Abreu, Dilip & Pearce, David & Stacchetti, Ennio, 1986. "Optimal cartel equilibria with imperfect monitoring," Journal of Economic Theory, Elsevier, vol. 39(1), pages 251-269, June.
- Abreu, Dilip, 1986. "Extremal equilibria of oligopolistic supergames," Journal of Economic Theory, Elsevier, vol. 39(1), pages 191-225, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Azacis, Helmuts & Collie, David R., 2009.
"The optimality of optimal punishments in Cournot supergames,"
Economics Letters, Elsevier, vol. 105(1), pages 56-57, October.
- Azacis, Helmuts & Collie, David R., 2007. "The optimality of optimal punishments in Cournot supergames," Cardiff Economics Working Papers E2007/27, Cardiff University, Cardiff Business School, Economics Section.
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.- Colombo, Luca & Labrecciosa, Paola, 2006. "Optimal punishments with detection lags," Economics Letters, Elsevier, vol. 92(2), pages 198-201, August.
- Colombo, Luca & Labrecciosa, Paola, 2013. "How should commodities be taxed? A supergame-theoretic analysis," Journal of Public Economics, Elsevier, vol. 97(C), pages 196-205.
- Kaplow, Louis & Shapiro, Carl, 2007.
"Antitrust,"
Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 2, chapter 15, pages 1073-1225,
Elsevier.
- Louis Kaplow & Carl Shapiro, 2007. "Antitrust," NBER Working Papers 12867, National Bureau of Economic Research, Inc.
- Kaplow, Louis & Shapiro, Carl, 2007. "Antitrust," Competition Policy Center, Working Paper Series qt9pt7p9bm, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
- Labrecciosa Paola & Colombo Luca, 2010. "Technology Uncertainty and Market Collusion," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-17, March.
- Lambertini, L. & Sasaki, D., 1999.
"A Cost-Side Analysis on Collusive Sustainability,"
Department of Economics - Working Papers Series
710, The University of Melbourne.
- L. Lambertini & D. Sasaki, 1999. "A Cost-side Analysis on Collusive Sustainability," Working Papers 355, Dipartimento Scienze Economiche, Universita' di Bologna.
- Lambertini, Luca & Sasaki, Dan, 2001. "Marginal costs and collusive sustainability," Economics Letters, Elsevier, vol. 72(1), pages 117-120, July.
- Etienne Billette de Villemeur & Laurent Flochel & Bruno Versaevel, 2013.
"Optimal collusion with limited liability,"
International Journal of Economic Theory, The International Society for Economic Theory, vol. 9(3), pages 203-227, September.
- Billette de Villemeur, Etienne & Flochel, Laurent & Versaevel, Bruno, 2012. "Optimal collusion with limited liability," MPRA Paper 38481, University Library of Munich, Germany.
- Etienne Billette de Villemeur & Laurent Flochel & Bruno Versaevel, 2013. "Optimal Collusion with Limited Liability," Post-Print halshs-00755569, HAL.
- Panayiotis Agisilaou, 2013. "Collusion in Industrial Economics and Optimally Designed Leniency Programmes - A Survey," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2013-03, Centre for Competition Policy, University of East Anglia, Norwich, UK..
- Jeanine Miklós-Thal, 2011.
"Optimal collusion under cost asymmetry,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(1), pages 99-125, January.
- Jeanine Thal, 2005. "Optimal Collusion under Cost Asymmetry," Working Papers 2005-36, Center for Research in Economics and Statistics.
- Miklos-Thal, Jeanine, 2008. "Optimal Collusion under Cost Asymmetry," MPRA Paper 11044, University Library of Munich, Germany.
- Robert Gagné & Simon van Norden & Bruno Versaevel, 2003.
"Testing Optimal Punishment Mechanisms Under Price Regulation: the Case of the Retail Market for Gasoline,"
CIRANO Working Papers
2003s-57, CIRANO.
- Robert Gagné & Simon van Norden & Bruno Versaevel, 2006. "Testing Optimal Punishment Mechanisms under Price Regulation: the Case of the Retail Market for Gasoline," Post-Print halshs-00142516, HAL.
- Robert Gagné & Simon van Norden & Bruno Versaevel, 2006. "Testing Optimal Punishment Mechanisms under Price Regulation: the Case of the Retail Market for Gasoline," Working Papers 0611, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Robert Gagné & Simon van Norden & Bruno Versaevel, 2006. "Testing Optimal Punishment Mechanisms under Price Regulation: the Case of the Retail Market for Gasoline," Cahiers de recherche 06-12, HEC Montréal, Institut d'économie appliquée.
- Kimmo Berg & Markus Kärki, 2018. "Critical Discount Factor Values in Discounted Supergames," Games, MDPI, vol. 9(3), pages 1-17, July.
- Marcel Canoy & Patrick Rey & Eric van Damme, 2004.
"Dominance and Monopolization,"
Chapters, in: Manfred Neumann & Jürgen Weigand (ed.), The International Handbook of Competition, chapter 7,
Edward Elgar Publishing.
- Canoy, M.F.M. & Rey, P. & van Damme, E.E.C., 2004. "Dominance and Monopolization," Discussion Paper 2004-022, Tilburg University, Tilburg Law and Economic Center.
- Ivaldi, Marc & Jullien, Bruno & Rey, Patrick & Seabright, Paul & Tirole, Jean, 2003. "The Economics of Tacit Collusion," IDEI Working Papers 186, Institut d'Économie Industrielle (IDEI), Toulouse.
- Emmanuel Dechenaux & Dan Kovenock, 2011.
"Endogenous rationing, price dispersion and collusion in capacity constrained supergames,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 47(1), pages 29-74, May.
- Dechenaux, Emmanuel & Kovenock, Dan, 2003. "Endogenous Rationing, Price Dispersion, and Collusion in Capacity Constrained Supergames," Purdue University Economics Working Papers 1164, Purdue University, Department of Economics.
- Hackner, Jonas, 1996. "Optimal symmetric punishments in a Bertrand differentiated products duopoly," International Journal of Industrial Organization, Elsevier, vol. 14(5), pages 611-630, July.
- Luca Lambertini, 2000.
"Technology and Cartel Stability under Vertical Differentiation,"
German Economic Review, Verein für Socialpolitik, vol. 1(4), pages 421-442, November.
- Lambertini Luca, 2000. "Technology and Cartel Stability under Vertical Differentiation," German Economic Review, De Gruyter, vol. 1(4), pages 421-442, December.
- Switgard Feuerstein, 2005. "Collusion in Industrial Economics—A Survey," Journal of Industry, Competition and Trade, Springer, vol. 5(3), pages 163-198, December.
- Lambertini, Luca & Poddar, Sougata & Sasaki, Dan, 2002. "Research joint ventures, product differentiation, and price collusion," International Journal of Industrial Organization, Elsevier, vol. 20(6), pages 829-854, June.
- Etienne Billette de Villemeur & Laurent Flochel & Bruno Versaevel, 2009.
"Optimal Collusion with Limited Severity Constraint,"
Post-Print
halshs-00375798, HAL.
- Etienne Billette de Villemeur & Laurent Flochel & Bruno Versaevel, 2009. "Optimal Collusion with Limited Severity Constraint," Working Papers 0909, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
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:90:y:2006:i:1:p:116-121. 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.