We define in-and-out strategies which care about group deviations in a noncooperative way in the setting of infinitely repeated symmetric Cournot models with discounting. The subgame perfect equilibrium folk theorem holds when it is restricted to these strategies. © 2007 Elsevier B.V. All rights reserved.
CITATION STYLE
Aramendia, M. (2008). Asymmetric punishments for group deviations in the infinitely repeated Cournot model. Economics Letters, 99(2), 246–248. https://doi.org/10.1016/j.econlet.2007.06.034
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