Supergame Theory

A Supergame-Theoretic Model of expenditure Wars during Booms Julio J. Rotemberg; Garth Saloner The American Economic review, Vol. 76, no(prenominal) 3. (Jun., 1986), pp. 390-407. stable URL: hypertext direct protocol://links.jstor.org/sici?sici=0002-8282%28198606%2976%3A3%3C390%3AASMOPW%3E2.0.CO%3B2-B The American Economic revue is currently published by American Economic Association. Your exercise of the JSTOR archive indicates your acceptance of JSTORs Terms and Conditions of Use, available at hypertext transfer protocol://www.jstor.org/about/terms.html. JSTORs Terms and Conditions of Use provides, in part, that unless you progress to obtained foregoing per heraldic bearing, you may not download an unblemished issue of a journal or multiple copies of articles, and you may use substance in the JSTOR archive only for your personal, non-commercial use. divert contact the paper regarding any further use of this work. publishing house contact instruction may be obtai ned at http://www.jstor.org/journals/aea.html. severally transcript of any part of a JSTOR transmission essential pay the same copyright notice that appears on the hiding or printed page of such transmission. The JSTOR Archive is a certain(p) digital repository providing for long-term preservation and access to jumper cable donnish journals and scholarly literature from around the world.

The Archive is patronize by libraries, scholarly societies, publishers, and foundations. It is an initiative of JSTOR, a not-for-profit organization with a mission to help the scholarly community take benefit of advances in technology. For more information regarding ! JSTOR, please contact support@jstor.org. http://www.jstor.org Tue Nov 27 14:51:09 2007 A Supergame-Theoretic Model of expense Wars during Booms This paper explores the response of oligopolies to fluctuations in the demand for their products. In particular. we reason on theoretical grounds that implicitly colluding oligopoliei are patent to behave more competitively in periods of hlgh demand. We then bowl over that, in practice, during those periods, various...If you want to get a full essay, shit it on our website: BestEssayCheap.com

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