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2 results for “market structure” by Cliff Sosin
can make money over time in a competitive world. And a simple example from microeconomics would be that of a Cournot oligopoly. And just for those who maybe forgot their game theory from college, there are, two broad types of oligopoly in the economi
17:59 / 19:01
from transcript17:59 – 19:01
the competitors choose the price that they're gonna sell at, and then the quantity falls out. And it's the thing that moves. And this seems like a subtle, change, but it results in a pretty big, difference in the competitive equilibrium. So in, a Ber
18:45 / 19:54
from transcript18:45 – 19:54
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