Maintaining cartel-like agreements is made easier in the:

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The presence of a Nash equilibrium makes it easier to maintain cartel-like agreements because all the firms in the cartel have an incentive to stick to the agreement since deviation from the agreement would result in a worse outcome for all firms involved. A Nash equilibrium is a situation in which no player has an incentive to change their strategy, given what the other players are doing. In other words, each player's strategy is the best response to the others' strategies. Therefore, a cartel that reaches a Nash equilibrium is more likely to stay together and maintain their agreement.

Maintaining Cartel-Like Agreements Is Made Easier in The