Oligopoly Games with and Without Transferable Technologies
Tilburg University Center for Economic Research Paper No. 66
23 Pages Posted: 22 Nov 2000
Date Written: August 2000
In this paper standard oligopolies are interpreted in two ways, namely as oligopolies without transferable technologies and as oligopolies with transferable technologies. From a cooperative point of view this leads to two different classes of cooperative games. We show that cooperative oligopoly games without transferable technologies are convex games and that cooperative oligopoly games with transferable technologies are totally balanced, but not necessarily convex.
Key-words: Oligopolies, cooperative games, convexity, total balancedness
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