search query: @indexterm Co-operative games / total: 13
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| Author: | Parkin, R. J. |
| Title: | Cooperative inter-firm relations: Theory and application to the furniture industry |
| Journal: | Kyklos
1999 : VOL. 52:1, p. 63-82 |
| Index terms: | CO-OPERATION CO-OPERATIVE GAMES FURNITURE INDUSTRY GAME THEORY ITALY UNITED KINGDOM |
| Language: | eng |
| Abstract: | In this paper I argue that potential Marshallian external economies may be realised through cooperative inter- firm relations. Knowledge spillovers, the use of specialised machinery, the development of a local market for special skills, and the joint provision of sector services are modeled as Prisoner's Dilemma games. The model investigates the impact of changing payoffs and non-random pairing of agents on the viability and stability of the cooperative outcome. This model is then applied to the furniture industries of Italy and London in the 1980s |
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