微观经济学教学课件：Ch13B-Oligopoly.pptVIP

After studying this chapter you will be able to Define and identify oligopoly Explain two traditional oligopoly models Use game theory to explain how price and output are determined in oligopoly Use game theory to explain other strategic decisions PC War Games In some markets there are only two firms. Computer chips are an example. The chips that drive most PCs are made by Intel and Advanced Micro Devices. How does competition between just two chip makers work? Do they operate in the social interest, like the firms in perfect competition? Or do they restrict output to increase profit, like a m