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Author Question: If an oligopolistic game is repeatedly played, which of the following can occur? (Read 63 times)

tnt_battle

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If an oligopolistic game is repeatedly played, which of the following can occur?
◦ Players can learn ways to cooperate and make an economic profit.
◦ The competitive price and output consistently is the final result.
◦ Firms can learn how to cheat more effectively on the other player.
◦ One firm will be driven out of business.
◦ An implicit agreement is reached in which one firm constantly cheats on the cartel and the other firm complies with it.


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Marked as best answer by tnt_battle on May 24, 2019

scikid

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tnt_battle

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Reply 2 on: May 24, 2019
:D TYSM


Alyson.hiatt@yahoo.com

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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