Sales and Collusion in a Market withStorage
TE/2011/549. July 2011.Sales are a widespread and well-known phenomenon that has been documented in several product markets. Regularities in such periodic price reductions appear to suggest that the...
View ArticleDoes Competition Solvethe Hold-up Problem?
TE/2011/561. September 2011.In an environment in which heterogenous buyers and sellers undertake ex-anteinvestments, the presence of market competition for matches provides incentives forinvestment but...
View ArticleEfficiency in Repeated Two-Action GameswithLocal Monitoring
TE/2012/560. September 2011.The paper discusses community enforcement in infinitely repeated two-action games with local monitoring. Each player interacts with and observes only a fixed set of...
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