I am trying to solve for collusion in a market with linear demand, P=100-Q. There are 2
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I am trying to solve for collusion in a market with linear demand, P=100-Q. There are 2 firms, but there\'s a new innovation with probability, leading to more firms entering the market as p=mc. How would I formulize the collusion inequality with the discount factor and check if it sustains?
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Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
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