Oligopoly

Learning Objectives: Gain experience of iterated prisoner’s dilemmas.
Group activity:

  • Beckman, S. R., “Cournot and Bertrand games” Journal of Economic Education, Vol.34, No.1, pp.27-35
  • Cournot and Bertrand Games, December 2018

Here’s Bart Wilson on the meaning of the word “fair”:

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