Azacis, Helmuts  ORCID: https://orcid.org/0000-0002-6061-2100 and Collie, David R.
2007.
The optimality of optimal punishments in Cournot supergames.
[Working Paper].
Cardiff Economics Working Papers,
Cardiff:
Cardiff University.
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Abstract
The result of Colombo and Labrecciosa (2006) that optimal punishments are inferior to Nash-reversion trigger strategies with decreasing marginal costs is due to the output when a firm deviates from the punishment path being allowed to become negative.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Date Type: | Publication |
| Status: | Published |
| Schools: | Schools > Business (Including Economics) |
| Subjects: | H Social Sciences > HB Economic Theory |
| Publisher: | Cardiff University |
| Date of First Compliant Deposit: | 30 March 2016 |
| Last Modified: | 28 Oct 2022 10:18 |
| URI: | https://orca.cardiff.ac.uk/id/eprint/77774 |
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