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Respond to the question: Infinately repeated game Cournot Duopol?

12/08/2008 02:14 PM by JJ; Infinately repeated game; Cournot Duopoly with varying demand
Hi,

I'm covering past paper exam questions and I got totally stumped on this one (File attached). Would anyone be able to guide me, step by step on how to answer this question? I have a general understanding of it, I could do it if it didn't have that b parameter. [Manage messages]