{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,7,30]],"date-time":"2025-07-30T13:23:21Z","timestamp":1753881801012,"version":"3.41.2"},"reference-count":39,"publisher":"World Scientific Pub Co Pte Ltd","issue":"02","funder":[{"DOI":"10.13039\/501100006769","name":"Russian Science Foundation","doi-asserted-by":"crossref","award":["22-11-00051"],"award-info":[{"award-number":["22-11-00051"]}],"id":[{"id":"10.13039\/501100006769","id-type":"DOI","asserted-by":"crossref"}]}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Int. Game Theory Rev."],"published-print":{"date-parts":[[2023,6]]},"abstract":"<jats:p> This paper analyzes coordination in tacit collusion when firms\u2019 discount factor is private information. We consider an infinitely repeated duopoly where two states of the world randomly occur, with different incentives for collusion. Depending on its own discount factor, a firm chooses cooperative behavior in both states (patient), in none of the states (impatient) or in one state (mildly patient). The presence of different states affects the strategic role of beliefs. A mildly patient firm has an incentive in \u201cfaking patience\u201d to get the deviation profit. Interestingly, this effect prevents or delays collusion when the belief in patience is strong. <\/jats:p>","DOI":"10.1142\/s0219198923500032","type":"journal-article","created":{"date-parts":[[2022,11,15]],"date-time":"2022-11-15T13:46:51Z","timestamp":1668520011000},"source":"Crossref","is-referenced-by-count":0,"title":["Faking Patience with Tacit Collusion"],"prefix":"10.1142","volume":"25","author":[{"given":"Elena","family":"Parilina","sequence":"first","affiliation":[{"name":"Saint Petersburg State University, 7\/9 Universitetskaya nab., Saint Petersburg 199034, Russia"}]},{"given":"Alessandro","family":"Tampieri","sequence":"additional","affiliation":[{"name":"Department of Economics and Business, University of Florence and CREA, University of Luxembourg, Via delle Pandette 9, Florence 50127, Italy"}]}],"member":"219","published-online":{"date-parts":[[2022,11,15]]},"reference":[{"key":"S0219198923500032BIB001","doi-asserted-by":"crossref","first-page":"1041","DOI":"10.2307\/2938299","volume":"58","author":"Abreu D.","year":"1990","journal-title":"Econometrica"},{"key":"S0219198923500032BIB002","doi-asserted-by":"crossref","first-page":"493","DOI":"10.1111\/j.1468-0262.2008.00845.x","volume":"76","author":"Athey S.","year":"2008","journal-title":"Econometrica"},{"key":"S0219198923500032BIB003","doi-asserted-by":"crossref","first-page":"1390","DOI":"10.1126\/science.7466396","volume":"211","author":"Axelrod R.","year":"1981","journal-title":"Science"},{"key":"S0219198923500032BIB004","doi-asserted-by":"crossref","first-page":"82","DOI":"10.2307\/2555941","volume":"28","author":"Bagwell K.","year":"1997","journal-title":"RAND J. 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