The Imitational Green-Porter Model

Hak Choi

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SSRN Electronic Journal

Article . 2015 . Peer-reviewed

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https://dx.doi.org/10.2139/ssr...

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The Imitational Green-Porter Model

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type 01 Jan 2015 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Hak Choi;

doi: 10.2139/ssrn.2560718

The Imitational Green-Porter Model

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Abstract

This paper reveals how Green and Porter (1984) have tried to imitate the Nash equilibrium for collusion, and how they have mixed in too many errors. This paper then clarifies the various concepts of duopoly competition, including Cournot, Bertrand, and Stackelberg. Finally, it also clarifies the true meaning of free collusion.

Related Organizations

Chienkuo Technology University
Taiwan
Chung-Hua Institution for Economic Research
Taiwan

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