A Supergame-Theoretic Model of consumption Wars during Booms Julio J. Rotemberg; Garth Saloner The American Economic review, Vol. 76, no(prenominal) 3. (Jun., 1986), pp. 390-407. shelter URL: hypertext sell communications protocol://links.jstor.org/sici?sici=0002-8282%28198606%2976%3A3%3C390%3AASMOPW%3E2.0.CO%3B2-B The American Economic reexamination is currently published by American Economic Association. Your execute of the JSTOR archive indicates your acceptance of JSTORs price and Conditions of Use, available at hypertext transfer protocol://www.jstor.org/about/terms.html. JSTORs toll and Conditions of Use provides, in originate, that unless you stupefy obtained foregoing per heraldic bearing, you whitethorn not download an accurate issue of a diary or multiple copies of articles, and you may use substance in the JSTOR archive only for your personal, non-commercial use. disport contact the paper regarding any(prenominal) further use of this work. publishing house contact instruction may be obtained at http://www.jstor.org/journals/aea.html. each(prenominal) transcript of any part of a JSTOR transmission essential pay the same copyright notice that appears on the concealment or printed page of such transmission. The JSTOR Archive is a bank digital repository providing for long-term preservation and access to lede donnish journals and profound belles-lettres from around the world.
The Archive is back up by libraries, scholarly societies, publishers, and foundations. It is an hatchway of JSTOR, a not-for-profit organization with a mission to help the scholarly community take usefulness of advances in technology. For more info regarding JSTOR, please contact financial backing@jstor.org. http://www.jstor.org Tue Nov 27 14:51:09 2007 A Supergame-Theoretic Model of monetary value Wars during Booms This paper explores the response of oligopolies to fluctuations in the demand for their products. In particular. we press on theoretical grand that implicitly colluding oligopoliei are unmixed to behave more competitively in periods of hlgh demand. We then deed over that, in practice, during those periods, various...If you want to shorten a full essay, rat it on our website:
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