Why collusion is unstable in one-period cournot model
Problem
Explain why collusion is unstable in one-period Cournot model but may be sustainable in repeated Cournot model, i.e., in which firms interact over a number of periods.
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Explain why collusion is unstable in one-period Cournot model but may be sustainable in repeated Cournot model, i.e., in which firms interact over a number of p
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