Oligopoly and Strategic Behavior

04/04/2002


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Table of Contents

Oligopoly and Strategic Behavior

Oligopoly

Oligopolies in the United States

Concentration Ratios in Selected Manufacturing Industries

Strategic Behavior

Barriers to Entry in an Oligopoly

Oligopolistic Firms

Cartel Pricing

Duopoly Pricing

Duopoly Versus Cartel Pricing

The Game Tree

Cartel and Duopoly Outcomes in the Game Tree

The Outcome of Underpricing

The Dominant Strategy

The Dominant Strategy

The Duopolists’ Dilemma

The Duopolists’ Dilemma

The Prisoners’ Dilemma

Author: Fernando Quijano