Price-Quantity Competition of Farsighted Firms: Toughness vs. Collusion
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- Iskakov, A. & Iskakov, M., 2017. "In Search of a Generalized Concept of Rationality," Journal of the New Economic Association, New Economic Association, vol. 34(2), pages 181-189.
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More about this item
Keywords
Nash-2 equilibrium; secure deviation; secure profile; Bertrand model; Cournot duopoly; differentiated product; Tullock contest; tacit collusion; tough competition.;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
- D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
NEP fields
This paper has been announced in the following NEP Reports:- NEP-COM-2015-04-25 (Industrial Competition)
- NEP-GTH-2015-04-25 (Game Theory)
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