| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6963 |
| DP6963 Solving the Incomplete Markets Model with Aggregate Uncertainty using Explicit Aggregation | |
| Wouter Den Haan; Pontus Rendahl | |
| 发表日期 | 2008-09-23 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | According to standard IO models, the characteristics of market demand (intercept, slope, elasticity) and of the technology (level of symmetric marginal costs) do not play any role in defining the sustainability of collusive behaviors in Bertrand oligopolies. The paper modifies this counterintuitive result by showing that all the above mentioned factors do affect the sustainability of collusion when prices are assumed to be discrete rather than continuous. The sign of these effects is unambiguous. Their magnitude varies greatly: in some cases it is totally negligible, in others it becomes extremely relevant. |
| 主题 | Industrial Organization |
| 关键词 | Collusion Market demand Bertrand supergames |
| URL | https://cepr.org/publications/dp6963 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535800 |
| 推荐引用方式 GB/T 7714 | Wouter Den Haan,Pontus Rendahl. DP6963 Solving the Incomplete Markets Model with Aggregate Uncertainty using Explicit Aggregation. 2008. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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