An Introduction to the Issue of Collusion (2389 words, 5 pages)
Is Collusion Possible?Essay in Microeconomics.Topic Is Collusion Possible?18.12.2000Contents1. Introduction. 2. Two types of behaviour (Collusive and non-collusive).3. Game theory.a.) Concept.b.) The problem of collusion.c.) Predatory pricing.4. Repeated games approach.a.) Concept.b.) Finite game case.c.) Infinite game case.i.) Trigger strategyii.) Tit-for-Tat.d.) Finite game case, Kreps approach.5. The motives for retaliation.6. Conclusion.7. Bibliography.1. ...
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