Category: 2013-14

Lecture 5: Price discrimination and nonlinear pricing

In this lecture we look at some of the ways a monopolist can obtain higher profits than in the standard monopoly solution. Lecture 5: Price discrimination and nonlinear pricing

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Mock mid-term multiple choice test

Below is the mock mid-term multiple choice test. Mock mid-term multiple choice test

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Lecture 4: Will profits in reality be higher or lower than under Cournot?

In this lecture we try to answer the question: “Will profits in reality be higher or lower than under Cournot?”. We look at the origins of Cournot competition, and analyze collusion in dynamic oligopoly. Lecture 4: Will profits in reality be higher or lower than under Cournot?

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Lecture 3: Further static oligopoly

In this lecture we go further into the consequences of Bertrand and Cournot competition, and we investigate the links between the two. Lecture 3: Further static oligopoly

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Lecture 2: Basic oligopoly

In this lecture, we start with a game theory refresher, and then we move on to take a fresh look at Bertrand and Cournot oligopoly. View Lecture 2: Basic oligopoly on Scribd An alternative version of the above video is here.

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