The optimality of optimal punishments in Cournot supergames

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 105
Issue: 1
Pages: 56-57

Authors (2)

Azacis, Helmuts (Budapesti Corvinus Egyetem) Collie, David R. (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The result of Colombo and Labrecciosa [Colombo, Luca and Labrecciosa, Paola (2006). 'The suboptimality of optimal punishments in Cournot supergames', Economics Letters 90, pp. 116-121.] that optimal punishments are inferior to Nash-reversion trigger strategies with decreasing marginal costs is shown to be due to the output when a firm deviates from the punishment path becoming negative.

Technical Details

RePEc Handle
repec:eee:ecolet:v:105:y:2009:i:1:p:56-57
Journal Field
General
Author Count
2
Added to Database
2026-01-24