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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
Duopoly competition, escape dynamics and non-cooperative collusion
 Janjgava, Batlome ; Slobodyan, Sergey
In this paper, we study an imperfect monitoring model of duopoly under similar settings as in Green and Porter (1984), but here rms do not know the demand parameters and learn about them over time though the price signals. We investigate how a deviation from rational expectations aects the decision making process and what kind of behavior is sustainable in equilibrium.
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