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arXiv · 1107.3197

Cooperative oligopoly games: a probabilistic approach

Paraskevas V. Lekeas·Giorgos Stamatopoulos
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Abstract

We analyze the core of a cooperative Cournot game. We assume that when contemplating a deviation, the members of a coalition assign positive probability over all possible coalition structures that the non-members can form. We show that when the number of firms in the market is sufficiently large then the core of the underlying cooperative game is non-empty. Moreover, we show that the core of our game is a subset of the γ- core.

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Paraskevas V. Lekeas, Giorgos Stamatopoulos. 2011-07-16. Cooperative oligopoly games: a probabilistic approach. https://arxiv.org/abs/1107.3197

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