Explain why collusion is unstable in the one-period Cournot model but may be sustainable in the repeated
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Explain why collusion is unstable in the one-period Cournot model but may be sustainable in the repeated Cournot model, i.e., in which firms interact over several periods.
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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