Arbeitspapier

Prisoners' Dilemma in Duopoly Supergames

The choice between quantity and price in order to stabilize collusion is modeled here. It is shown that this relocates the prisoners' dilemma backwards, from the market stage to the stage where the market variable is chosen in order to sustain collusion, and where discount rates appear as the payo¤s. Likewise, a prisoners' dilemma arises also when both the market variable and the type of behavior (cooperative or non-cooperative) are simultaneously chosen.

Language
Englisch

Bibliographic citation
Series: Quaderni - Working Paper DSE ; No. 264

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Lambertini, Luca
Event
Veröffentlichung
(who)
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
(where)
Bologna
(when)
1996

DOI
doi:10.6092/unibo/amsacta/5047
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Lambertini, Luca
  • Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

Time of origin

  • 1996

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