Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Cooperation and Efficiency in Markets

Cooperation and Efficiency in Markets

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783642197628
Condition
New
Product Description

The book deals with collusion between firms on both sides of a market that is immune to deviations by coalitions. We study this issue using an infinitely countably repeated game with discounting of future single period payoffs. A strict strong perfect equilibrium is the main solution concept that we apply. It requires that no coalition of players in no subgame can weakly Pareto improve the vector of continuation average discounted payoffs of its members by a deviation. If the sum of firms' average discounted profits is maximized along the equilibrium path then the equilibrium output of each type of good is produced with the lowest possible costs. If, in addition, all buyers are retailers (i.e., they resell the goods purchased in the analyzed market in a retail market) then the equilibrium vector of the quantities sold in the retail market is sold with the lowest possible selling costs. We specify sufficient conditions under which collusion increases consumer welfare.

Available Colors
Available Sizes
1 Offer Price Range: $39.99 - $39.99
BEST PRICE

Single Product Purchase

$39.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$39.99 $39.99

$39.99
See Site In stock Visit Store

Similar Products

Stunning, Hibernation, and Calcium in Myocardial Ischemia and Reperfusion

$219.99

Stochastic Models of Air Pollutant Concentration

$54.99

Transactions on Computational Systems Biology XII

$39.99

Underdogs

$9.74

Parteiensystem in der Legitimationskrise

$59.99

VFX Fundamentals

$37.99

Geometrie und Symmetrie in der Physik

$49.99

Conditional Independence in Applied Probability

$39.99

Computer und Gesellschaft

$37.99

Coded-Modulation Techniques for Fading Channels

$219.99

Atlas of Bladder Disease

$169.99

Jet Web

$84.99

Semantik von Programmiersprachen

$59.99

Nonparametric Goodness-of-Fit Testing Under Gaussian Models

$199.99

Diagnostic and Therapeutic Procedures in Gastroenterology

$219.99

Struktur und Eigenschaften der Kristalle

$37.99

Soziale Konstruktionen

$69.99

Design Thinking for Innovation

$199.99

Umstrittene Daten

$59.99

Rationality in Social Science

$64.99

The International Politics of the Arab Spring

$39.99

Feldspars and their Reactions

$259.00

Reviews of Environmental Contamination and Toxicology 198

$109.00

Recent Advances in Information Systems and Technologies

$329.99

Grounded Theory

$54.99

Rational Unified Process kompakt

$19.99

Studies in the Composition and Decomposition of Event Predicates

$109.99

Quantum Computation and Quantum Communication:

$84.99

Discursive Constructions of Identity in European Politics

$54.99

Framing Sexual and Domestic Violence through Language

$99.99

Das lesende Gehirn

$37.99

Brain Slices

$84.99

Pdiatrische Gynkologie

$69.99

Noah's Walk

$6.71

Case-based Atlas of Cardiac Imaging

$259.00

Neurologische Intensivmedizin

$59.99

Crime in Japan

$79.99

Chinese Occupational Welfare in Market transition

$39.99

Nature, Value, Duty

$169.99

First Class

$3.96