Evaluating the convenience of cooperating in repeated duopoly

Evaluating the convenience of cooperating in repeated duopoly

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Article ID: iaor20002939
Country: Cuba
Volume: 20
Issue: 1
Start Page Number: 46
End Page Number: 51
Publication Date: Jan 1999
Journal: Revista de Investigacin Operacional
Authors:
Abstract:

Two approaches are analysed for establishing if it is convenient to cooperate or not. They use the subjective probability of cooperating as the parameter to be evaluated. It is supposed that a certain model links a variable that permits us to measure a signal of the competitor with its behavior with respect to the cooperation.

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