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Games, Volume 16, Issue 5

2025 October - 15 articles

Cover Story: We study stochastic cooperation between non-mutually dependent sellers via a hybrid game class parametrized by the exogenous probability of cooperation. Both sellers, aware of this probability, simultaneously choose prices that determine their endogenous threats, i.e., conflict profits, but cannot condition on whether or not there is cooperation. We show that the independent seller earns higher expected profits when cooperation is more likely. In contrast, the dependent seller earns lower expected profits when the likelihood of cooperation is below a threshold that we characterize, and higher profits are earned thereafter. These findings suggest that, within our framework, antitrust concerns may be mitigated. Since dependent sellers can incur losses from cooperation, and collusion attempts become less viable in markets with one-sided dependency. View this paper
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Articles (15)

  • Article
  • Open Access
1,180 Views
24 Pages

16 October 2025

When a technology provider (entrant) enters an emerging end market, he may outsource critical components from a competing conventional manufacturer (incumbent) or insource critical components. Under the outsourcing strategy, brand reputation spills o...

  • Article
  • Open Access
1,163 Views
21 Pages

Classifying Limited-Move Stability Cycles in 2 × 2 Games

  • Leandro Chaves Rêgo,
  • France Evellyn Gomes de Oliveira,
  • Giannini Italino Alves Vieira and
  • D. Marc Kilgour

11 October 2025

The 2×2 game is the simplest non-trivial model of strategic interaction: there are two players, each has two strategies, and each has a strict preference ranking over the four possible outcomes. For models of play that depend only on the rankin...

  • Article
  • Open Access
848 Views
21 Pages

10 October 2025

Fresh agricultural products have significant seasonality and perishability, and their cross-regional sales often face differences in market demand, price, and sales volume. In the context of government quality regulation, competition among retailers...

  • Article
  • Open Access
952 Views
23 Pages

9 October 2025

This paper delves into a multi-player non-renewable resource extraction differential game model, where the duration of the game is a random variable with a composite distribution function. We first explore the conditions under which the cooperative s...

  • Article
  • Open Access
1,624 Views
20 Pages

12 September 2025

The value principle in organizational economics states that the net market value of the goods that a firm sells is a key determinant of its organizational design. We survey and extend some recent developments in the theoretical literature at the nexu...

  • Article
  • Open Access
1,769 Views
15 Pages

10 September 2025

This paper introduces a novel ratio-based framework for analyzing how consumer heterogeneity translates into product differentiation in vertically structured monopoly markets. We consider a monopolist facing a continuum of consumers and a strictly co...

  • Feature Paper
  • Article
  • Open Access
1,109 Views
21 Pages

Asymptotic Thresholds for (a:b) Minimum-Degree Games

  • Adnane Fouadi,
  • Mourad El Ouali and
  • Anand Srivastav

8 September 2025

We investigate the (a:b) Maker–Breaker subgraph game played on the edge set of the complete graph Kn, where n,a,bN, and Maker’s objective is to construct a member of a prescribed family of graphs H, while Breaker aims to prevent thi...

  • Article
  • Open Access
2 Citations
2,103 Views
17 Pages

Optimal Vaccination Strategies to Reduce Endemic Levels of Meningitis in Africa

  • Alfredo Martinez,
  • Jonathan Machado,
  • Eric Sanchez and
  • Igor V. Erovenko

1 September 2025

Meningococcal meningitis is a deadly acute bacterial infection caused by the Neisseria meningitidis bacterium that affects the membrane covering the brain and spinal cord. The World Health Organization launched the “Defeating bacterial meningit...

  • Feature Paper
  • Article
  • Open Access
1,309 Views
64 Pages

Test Me If You Can—Providing Optimal Information for Consumers Through a Novel Certification Mechanism

  • Ulrike Vollstädt,
  • Patrick Imcke,
  • Franziska Brendel and
  • Christiane Ehses-Friedrich

29 August 2025

Certifiers such as Stiftung Warentest (Germany), Which? (UK), and Consumer Reports (US) reduce asymmetric information between buyers and sellers by providing credible information about product quality. However, due to their limited testing capacities...

  • Feature Paper
  • Article
  • Open Access
1,000 Views
21 Pages

A Theoretical Analysis of Cooperation Incentives for Non-Mutually Dependent Sellers

  • Lorenzo Ferrari,
  • Werner Güth,
  • Vittorio Larocca and
  • Luca Panaccione

27 August 2025

This paper examines stochastic cooperation in markets with two sellers who exhibit one-sided dependency. The independent seller’s pricing influences the dependent seller’s demand, but not vice versa. We study the one-dimensional hybrid ga...

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Games - ISSN 2073-4336