Browsing Centre for Applied Macro- and Petroleum economics (CAMP) by Subject "OPEC"
Now showing items 1-1 of 1
(CAMP Working Paper Series;01/2021, Working paper, 2021-01-25)We develop a model of oligopolistic competition under imperfect monitoring and dynamic observable demand. Efficient symmetric equilibria feature disciplined cooperative regimes interrupted by rare but severe price wars. ...