Chapter 11: Oligopoly

Chapter Outline

11.0 Introduction

11.1 Why do Oligopolies Exist: Barriers to Entry?

11.2 Collusion or Competition?

11.3 The Prisoner’s Dilemma

11.4 The Oligopoly Version of the Prisoner’s Dilemma

11.5 A Duopoly Game

11.6 Cartels

11.7 Sequential Game

11.8 Key Terms

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