Non-Cooperative Collusion in Static and Dynamic Oligopolies ()
Abstract
This paper provides an analysis of collusion in oligopolies from a
game-theoretic perspective. It first provides a basic survey of oligopoly
models and then uses game theory to analyze non-cooperative or tacit collusion
in these models, in a way that should be accessible to undergraduate economics
students. In this way, the author characterizes the conditions under which
collusive behavior might occur. Importantly, this paper draws its conclusions by using
relatively basic methods with which those foreign to the subject should
be able to understand.
Share and Cite:
Wolf, S. (2013) Non-Cooperative Collusion in Static and Dynamic Oligopolies.
Theoretical Economics Letters,
3, 317-321. doi:
10.4236/tel.2013.36053.
Conflicts of Interest
The authors declare no conflicts of interest.
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