Bertrand vs. Cournot competition in distribution channels with upstream collusion
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DOI: 10.1016/j.ijpe.2018.08.007
Abstract: Abstract This paper applies repeated game theory to tacit collusion in dynamic distribution channels based on the grim trigger strategy. We examine competitors' choice of the strategic instruments in distribution channels comprised of two manufacturers… read more here.
Keywords: distribution channels; bertrand cournot; cournot competition; upstream collusion ... See more keywords