Market Structures and Firm Behavior · Microeconomics

Oligopoly and Game Theory

Studying strategic behavior and interdependence among a few large firms.

Key Questions

  1. 1How does the threat of retaliation influence pricing in an oligopoly?
  2. 2What trade-offs does this policy create for firms considering collusion?
  3. 3Why is the prisoner's dilemma relevant to advertising wars?

Ontario Curriculum Expectations

ON: Market Models and Economic Structures - Grade 12
Grade: Grade 12
Subject: Economics
Unit: Market Structures and Firm Behavior
Period: Microeconomics

Suggested Methodologies

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