000 -LEADER |
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02805nam a22005175i 4500 |
003 - CONTROL NUMBER IDENTIFIER |
control field |
OSt |
005 - DATE AND TIME OF LATEST TRANSACTION |
control field |
20140310152711.0 |
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION |
fixed length control field |
cr nn 008mamaa |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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110629s2011 gw | s |||| 0|eng d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
International Standard Book Number |
9783642197635 |
|
978-3-642-19763-5 |
050 #4 - LIBRARY OF CONGRESS CALL NUMBER |
Classification number |
HB144 |
082 04 - DEWEY DECIMAL CLASSIFICATION NUMBER |
Classification number |
330.0151 |
Edition number |
23 |
|
Classification number |
330 |
Edition number |
23 |
264 #1 - |
-- |
Berlin, Heidelberg : |
-- |
Springer Berlin Heidelberg : |
-- |
Imprint: Springer, |
-- |
2011. |
912 ## - |
-- |
ZDB-2-SBE |
100 1# - MAIN ENTRY--PERSONAL NAME |
Personal name |
Horniacek, Milan. |
Relator term |
author. |
245 10 - IMMEDIATE SOURCE OF ACQUISITION NOTE |
Title |
Cooperation and Efficiency in Markets |
Medium |
[electronic resource] / |
Statement of responsibility, etc |
by Milan Horniacek. |
300 ## - PHYSICAL DESCRIPTION |
Extent |
VII, 92p. |
Other physical details |
online resource. |
440 1# - SERIES STATEMENT/ADDED ENTRY--TITLE |
Title |
Lecture Notes in Economics and Mathematical Systems, |
International Standard Serial Number |
0075-8442 ; |
Volume number/sequential designation |
649 |
505 0# - FORMATTED CONTENTS NOTE |
Formatted contents note |
Introduction -- Model -- Existence of an SRPE and an SSPE -- Efficiency of an SRPE and an SSPE -- Afterword. |
520 ## - SUMMARY, ETC. |
Summary, etc |
The book deals with collusion between firms on both sides of a market that is immune to deviations by coalitions. We study this issue using an infinitely countably repeated game with discounting of future single period payoffs. A strict strong perfect equilibrium is the main solution concept that we apply. It requires that no coalition of players in no subgame can weakly Pareto improve the vector of continuation average discounted payoffs of its members by a deviation. If the sum of firms' average discounted profits is maximized along the equilibrium path then the equilibrium output of each type of good is produced with the lowest possible costs. If, in addition, all buyers are retailers (i.e., they resell the goods purchased in the analyzed market in a retail market) then the equilibrium vector of the quantities sold in the retail market is sold with the lowest possible selling costs. We specify sufficient conditions under which collusion increases consumer welfare. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Economics. |
|
Topical term or geographic name as entry element |
Mathematics. |
|
Topical term or geographic name as entry element |
Economic policy. |
|
Topical term or geographic name as entry element |
Industrial organization (Economic theory). |
|
Topical term or geographic name as entry element |
Microeconomics. |
|
Topical term or geographic name as entry element |
Economics, Mathematical. |
|
Topical term or geographic name as entry element |
Economics/Management Science. |
|
Topical term or geographic name as entry element |
Game Theory/Mathematical Methods. |
|
Topical term or geographic name as entry element |
Industrial Organization. |
|
Topical term or geographic name as entry element |
Economic Policy. |
|
Topical term or geographic name as entry element |
Economic Theory. |
|
Topical term or geographic name as entry element |
Microeconomics. |
|
Topical term or geographic name as entry element |
Game Theory, Economics, Social and Behav. Sciences. |
710 2# - ADDED ENTRY--CORPORATE NAME |
Corporate name or jurisdiction name as entry element |
SpringerLink (Online service) |
773 0# - HOST ITEM ENTRY |
Title |
Springer eBooks |
776 08 - ADDITIONAL PHYSICAL FORM ENTRY |
Display text |
Printed edition: |
International Standard Book Number |
9783642197628 |
856 40 - ELECTRONIC LOCATION AND ACCESS |
Uniform Resource Identifier |
http://dx.doi.org/10.1007/978-3-642-19763-5 |
942 ## - ADDED ENTRY ELEMENTS (KOHA) |
Source of classification or shelving scheme |
|
Item type |
E-Book |