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DCフィールド | 値 | 言語 |
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dc.contributor.author | Sekiguchi, Tadashi | en |
dc.contributor.alternative | 関口, 格 | ja |
dc.date.accessioned | 2016-03-03T01:10:39Z | - |
dc.date.available | 2016-03-03T01:10:39Z | - |
dc.date.issued | 2015-11 | - |
dc.identifier.issn | 0020-7276 | - |
dc.identifier.uri | http://hdl.handle.net/2433/207640 | - |
dc.description.abstract | The present paper studies repeated Bertrand oligopoly with multiple markets. The markets are subject to independent, stochastic fluctuations in demands. According to the literature, the demand fluctuations generally hinder collusion, while the multimarket contact sometimes facilitates it. We show that when only partial collusion is sustainable under a single market, the per-market expected profit under the most collusive equilibrium increases with the number of markets. Further, the difference between the total expected profit under full collusion and that under the most collusive equilibrium vanishes, if the number of markets goes to infinity. Thus the collusion-deterrence effects of fluctuated demands completely disappear in the limit. | en |
dc.format.mimetype | application/pdf | - |
dc.language.iso | eng | - |
dc.publisher | Springer Berlin Heidelberg | en |
dc.rights | The final publication is available at Springer via http://dx.doi.org/10.1007/s00182-015-0464-z. | en |
dc.rights | The full-text file will be made open to the public on 1 November 2016 in accordance with publisher's 'Terms and Conditions for Self-Archiving'. | en |
dc.rights | この論文は出版社版でありません。引用の際には出版社版をご確認ご利用ください。 | ja |
dc.rights | This is not the published version. Please cite only the published version. | en |
dc.subject | Collusion | en |
dc.subject | Demand fluctuations | en |
dc.subject | Multimarket contact | en |
dc.subject | Repeated games | en |
dc.title | Multimarket contact under demand fluctuations | en |
dc.type | journal article | - |
dc.type.niitype | Journal Article | - |
dc.identifier.ncid | AA00228660 | - |
dc.identifier.jtitle | International Journal of Game Theory | en |
dc.identifier.volume | 44 | - |
dc.identifier.issue | 4 | - |
dc.identifier.spage | 1033 | - |
dc.identifier.epage | 1048 | - |
dc.relation.doi | 10.1007/s00182-015-0464-z | - |
dc.textversion | author | - |
dc.startdate.bitstreamsavailable | 2016-11-01 | - |
dcterms.accessRights | open access | - |
出現コレクション: | 学術雑誌掲載論文等 |
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