- Profit Maximization Is Complicated
- The Basic Dilemma of Oligopoly
- Some Simple Game Theory
a. A Payoff Matrix
b. Strategic Behaviour
a. Cooperative Outcome
b. Non-Cooperative Outcome
c. Nash Equilibrium - Extensions in Game Theory
F. 11.4 Oligopoly in Practice - Cooperative Behaviour
a. Explicit Collusion
b. Tacit Collusion - Competitive Behaviour
- The Importance of Entry Barriers
a. 1. Brand Proliferation as an Entry Barrier
b. 2. Advertising as an Entry Barrier
c. 3. Predatory Pricing as an Entry Barrier - Oligopoly and the Economy
a. Profits Under Oligopoly
b. Oligopoly and Innovation
G. Summary - 11.1 Imperfect Competition LO 1, 2
- 11.2 Monopolistic Competition LO 3
- 11.3 Oligopoly and Game Theory LO 4
- 11.4 Oligopoly in Practice LO 5
H. Key Concepts
rishikesh
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