Oligopoly Games With and Without Transferable Technologies

Abstract

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 are totally balanced, but not necessarily convex.Oligopolies;cooperative games;convexity;total balancedness