''Renegotiation in Repeated Cournot Duopoly'', Economics Letters,  47(2), February 1995, pages 143-48.

by John Driffill and Christian Schultz
 


 
 

We investigate a repeated Cournot duopoly with strictly convex cost functions. In an example the set of Weakly Renegotiation Proof Equilibrium payoffs shrinks towards the joint profit maximizing payoff point as marginal costs are made to rise more rapidly.