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