Is a repeated-or single-period game more appropriate for the study of oligopolies? In which setting is collusion
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A repeatedgame setting is more appropriate in most oligopolistic markets because firms do e...View the full answer
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Related Book For
Microeconomics Theory and Applications
ISBN: 978-1118758878
12th edition
Authors: Edgar K. Browning, Mark A. Zupan
Question Posted:
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