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Technology-Traditing Coalitions in Supergames
Oleh:
Eswaran, Mukesh
;
Eaton, Curtis
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Rand Journal of Economics vol. 28 no. 1 (1997)
,
page 135-149.
Topik:
COALITION [SOCIAL SCIENCES]
;
technology - traditing
;
coalitions
;
supergames
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
RR10.3
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
We attempt to explain the observation that rival firms often share their technologies. We show that the trading of technical information over the long haul can be sustained as an equilibrium in super games. The strategy of ejection of a cheating firm from a technology - trading coalition, followed by the continuation of technology trading by the non cheating members, better facilitates trading than does a strategy in which cheating results in the dissolution of the coalition. Technology trading is often welfare improving and firms may form small coalitions.
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