On the role of patience in collusive Bertrand duopolies

Ola Andersson

Economics Letters, 2008, vol. 100, issue 1, pages 60-63

Abstract: This paper analyzes the role of patience in a repeated Bertrand duopoly where firms bargain over which collusive price and market share to implement. It is shown that the least patient firm's market share is not monotone in its own discount factor.

Downloads: (external link)
http://www.sciencedirect.com/science/article/B6V84 ... f3d04c6b1243f14a5866
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Access Statistics for this article

Economics Letters is edited by E. Maskin

More articles in Economics Letters from Elsevier
Series data maintained by Heidi Boesdal ().