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I don't know about this market and I haven't seen papers on the
subject. Nevertheless I think that the interaction of companies in any
oligopolistic market has some prisoner's dilemma flavor. To makes things
simple think that [View full text and thread]
Please tell me what kind of game you think the plastic payment card industry (say Visa, Mastercard, and Amex) is playing. Many think it is prisoner's dilemma where everyone can do better by cooperating.
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