haku: @indexterm GAME THEORY / yhteensä: 415
viite: 253 / 415
Tekijä: | McWilliams, A. |
Otsikko: | Rethinking horizontal market restrictions: in defense of cooperation in empty core markets |
Lehti: | Quarterly Review of Economics and Business
1990 : AUTUMN, VOL. 30:3, p.3-14 |
Asiasana: | OPERATIONAL RESEARCH GAME THEORY |
Kieli: | eng |
Tiivistelmä: | The paper discusses the controversy between legal scholars and economists over allowing cooperation in markets having empty cores. Examining the long-run social cost that may result from firms' actions to avoid empty cores shows that forcing competition may result in the persistence of sub-optimal small plants. |
SCIMA