Topic 3: Further static oligopoly

In this topic we go further into the consequences of Bertrand and Cournot competition, and we investigate the links between the two.

IO-2014-lecture-3.pdf

Lecture:

Class:

Note that in this class I made a bit of a mess of the final problem we went through. A worked answer to that problem is available below:

Worked-answer-to-Cournot-welfare-question.pdf

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