The fourth in a series of Microeconomics notes exploring market structure - organizational characteristics and features of a market that determine the behavior of firms operating within it and the outcomes in terms of prices, competition, and efficiency.
This study resource looks at the market structure of oligopoly. It covers:
- Definition and features of an oligopoly
- Collusion (formal;cartels, and informal)
- Kinked demand curve
- N-firm concentration ratio
- Game theory
- Efficiency in oligopolies
Something went wrong, please try again later.
This resource hasn't been reviewed yet
To ensure quality for our reviews, only customers who have purchased this resource can review it
Report this resourceto let us know if it violates our terms and conditions.
Our customer service team will review your report and will be in touch.
£3.50