In the repeated-game airline example illustrated in Table 13.1, what happens if the players know the game

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In the repeated-game airline example illustrated in Table 13.1, what happens if the players know the game will last only five periods? What happens if the game is played forever but the managers of one or both firms care only about current profit?

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Managerial Economics and Strategy

ISBN: 978-0321566447

1st edition

Authors: Jeffrey M. Perloff, James A. Brander

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Question Posted: Nov 13, 2014 03:38 AM

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In the repeated-game airline example illustrated in Table 13.1, what happens if the players know the game

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Managerial Economics and Strategy

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