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That oligopolistic firms are mutually interdependent. Learn how game theory can explain interdependence and price stickiness in oligopolies. Oligopolistic prices tend to be sticky or inflexible, and when the firms do change their prices, they tend to do so together. Game theory can be used to demonstrate that oligopolists can increase their profits through collusion. Learn how game theory analyzes the interdependent decisions of firms in an oligopoly, and how they can use dominant strategies,. Game theory can be used to demonstrate that oligopolists: Game theory can be used to demonstrate: See examples of the prisoners'.
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Oligopolistic Prices Tend To Be Sticky Or Inflexible, And When The Firms Do Change Their Prices, They Tend To Do So Together.
That oligopolistic firms are mutually interdependent. Game theory can be used to demonstrate that oligopolists: Learn how game theory can explain interdependence and price stickiness in oligopolies. Game theory can be used to demonstrate:
Game Theory Can Be Used To Demonstrate That Oligopolists Can Increase Their Profits Through Collusion.
See examples of the prisoners'. Learn how game theory analyzes the interdependent decisions of firms in an oligopoly, and how they can use dominant strategies,.