Unit 3: Are Businesses Efficient? Product Markets and Efficiency

Lesson 11b: Oligopoly: Are Businesses Efficient?

Assignments: Video Lectures

OLIGOPOLY

Game Theory

EconMovies 8: The Dark Knight (Oligopolies and Game Theory) 7:01

6.3.1 Introducing Oligopoly and the Prisoner's Dilemma 17:26 [MyNotes]

6.4.3 Understanding Monopolistic Competition (Oligopoly ???) as a Prisoner's Dilemma - Advertising and Brand Names 6:44 [MyNotes]

6.3.2 Understanding a Cartel as a Prisoner's Dilemma 10:47 [MyNotes]

Kinked Demand Model

6.3.3 Understanding the Kinked-Demand Curve Model 4:22 [MyNotes]

Kinked Demand Model of Oligopoly Pricing (econclassroom.com) 14:06

Other

Oligopolies, Duopolies, Collusion, and Cartels (Khan Academy) 8:26

Episode 30C: Mergers (YouTube: mjmfoodle) 4:36

SUMMARY

Determining the Efficiency of Firms in Different Market Structures (econclassroom.com) 18:23

 

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Lesson 11b