Restabilizing Responses, Inertia Supergames, and Oligopolistic Equilibria

Thomas A. Marschak · Reinhard Selten

73 citations0/0 files storedThe Quarterly Journal of Economics

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Game Theory and Applications Merger and Competition Analysis Experimental Behavioral Economics Studies

Abstract

I. Introduction, 71. — II. Convolutions: Response functions that preserve rationality, 73. — III. Inertia supergames and convolutions, 80. — IV. Conclusion, 89.

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1971General competitive analysis 1960Strategy and Market Structure 1952Competition among the Few.1988A Simple Model of Imperfect Competition, where 4 Are Few and 6 Are Many 1977On the Foundations of the Theory of Monopolistic Competition

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