Collusion and the elasticity of demand
David Collie
Economics Bulletin, 2004, vol. 12, issue 3, 1-6
Abstract:
The analysis of collusion in infinitely repeated Cournot oligopoly games has generally assumed that demand is linear, but this note uses constant-elasticity demand functions to investigate how the elasticity of demand affects the sustainability of collusion.
Keywords: cartel (search for similar items in EconPapers)
JEL-codes: C7 L1 (search for similar items in EconPapers)
Date: 2004-03-19
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Citations: View citations in EconPapers (15)
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-04l10003
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