10-22 Lecture

10-22 Lecture - Competing on the basis of quantity Depends...

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10/22/09 PAM 2000 Lecture Highly unstable for cartels to last very long Video clip – Whittaker trying to catch cartel participants Cournot – like a prisoner’s dilemma
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Unformatted text preview: Competing on the basis of quantity Depends not only on what you do, but also on what your rivals do...
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This note was uploaded on 11/12/2009 for the course PAM 2000 at Cornell.

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