Wednesday, April 22, 2015

A Model Of Tacit Collusion: Nash-2 Equilibrium Concept

Marina S. Sandomirskaia (National Research University Higher School of Economics) offers A Model Of Tacit Collusion: Nash-2 Equilibrium Concept. ABSTRACT: We examine the novel concept for repeated noncooperative games with bounded rationality: \Nash-2" equilibrium, called also \threatening-proof prole" in [16,...

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