Suppose our two firms know that we will encounter each other n times and never again thereafter.

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Suppose our two firms know that we will encounter each other n times and never again thereafter. Can p . MC still be part of a subgame perfect equilibrium in this case assuming we engage in pure price competition?

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Question Posted: Nov 06, 2024 06:01 AM

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Suppose our two firms know that we will encounter each other n times and never again thereafter.

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Microeconomics An Intuitive Approach With Calculus

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