Article ID Journal Published Year Pages File Type
5072059 Games and Economic Behavior 2012 12 Pages PDF
Abstract
► We model two firms interact repeatedly in m markets under imperfect monitoring. ► In each market, each firmʼs decision and public signals are binary. ► We explore optimal collusion in this setting. ► In an optimal symmetric equilibrium, firms can avoid efficiency loss in m−1 markets. ► The equilibrium is optimal including asymmetric one under a set of conditions.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Optimal collusion under imperfect monitoring in multimarket contact
Authors
, ,