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or the other guy is anticipating that I'm going to cheat on him,
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or the other guy is going to anticipate
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that I'm going to anticipate that he's going to cheat on ,me, etc., etc.,
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will eventually drag us back to the Cournot quantity.
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So it's going to be pretty difficult for us
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to sustain this joint monopoly output, this collusive agreement.
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We can't let the courts enforce it.
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We're Coca-Cola and Pepsi,
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so we really don't want to have to bring the mafia in,
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Although maybe we do, I don't know.
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So basically, we're stuck with this verbal agreement
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and we both have an incentive to cheat