Handbook of Game Theory and Industrial Organization, Volume I
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Handbook of Game Theory and Industrial Organization, Volume I

Theory

Edited by Luis C. Corchón and Marco A. Marini

The first volume of this wide-ranging Handbook contains original contributions by world-class specialists. It provides up-to-date surveys of the main game-theoretic tools commonly used to model industrial organization topics. The Handbook covers numerous subjects in detail including, among others, the tools of lattice programming, supermodular and aggregative games, monopolistic competition, horizontal and vertically differentiated good models, dynamic and Stackelberg games, entry games, evolutionary games with adaptive players, asymmetric information, moral hazard, learning and information sharing models.
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Chapter 14: TU oligopoly games and industrial cooperation

Jingang Zhao

Abstract

This chapter surveys existing results and lists nine future areas in the field of transferable utility (TU) oligopoly games, which are both theoretically interesting and empirically important. On the theory side, they make advances on the refinements and applications of the core, one of the most important solutions in cooperative game theory. On the empirical side, TU oligopoly games allow one to model and analyze industrial cooperation and help understand the forces behind industrial changes as well as the effects of regulatory policies.

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