Competitive markets, collective action, and the Big Box Retailer problem

I use a stylized scenario—the Big Box retailer Problem—to demonstrate that the presence of behavioural interdependence in economic markets may result in deficient outcomes that are both stable and supported by ongoing participant behaviour. I present a theoretical discussion of social dilemmas and u...

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Bibliographic Details
Main Author: Brent D. Beal
Format: Article
Language:deu
Published: Editura ASE Bucuresti 2012-11-01
Series:The Journal of Philosophical Economics
Subjects:
Online Access:http://www.jpe.ro/poze/articole/84.pdf