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Unformatted text preview: Oligopoly The Collusion model The Cournot model The Kinked demand model The Price Leadership model Game Theory Players, strategies, payoff matrix Dominant strategy Nash equilibrium Maxmin strategy Public goods Important characteristics Prices paid and quantity consumed Public versus private goods Aggregate demand for public goods Tiebout hypothesis Externalities Positive and negative In production and in consumption The negative externality model The positive externality model Coases Theorem Taxes Excise tax and sales tax Incidence of the tax and elasticity Dead weight loss with tax Special cases with the incidence of the tax The problem of Moral Hazard The problem of Adverse Selection...
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