Introduction
Milan Horniaček ()
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Milan Horniaček: Comenius University
Chapter Chapter 1 in Cooperation and Efficiency in Markets, 2011, pp 1-7 from Springer
Abstract:
Abstract This book analyzes countable infinite repetition of interaction between firms on both sides of a market, with discounting of future profits.1 Our first aim is to prove the sufficient conditions for the existence of equilibria, which take into account the deviations by the coalitions, in it. We explain the reasons for our choice of solution concepts in Sect. 1.1 of Chap. 1.
Keywords: Solution Concept; Grand Coalition; Repeated Game; Subgame Perfect Equilibrium; Equilibrium Path (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-642-19763-5_1
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DOI: 10.1007/978-3-642-19763-5_1
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