Skip to Main Content
Managerial Economics and Strategy, 2/e
book

Managerial Economics and Strategy, 2/e

by Jeffrey M. Perloff, James A. Brander
February 2016
Beginner to intermediate content levelBeginner to intermediate
500 pages
33h 40m
English
Pearson
Content preview from Managerial Economics and Strategy, 2/e

11 Oligopoly and Monopolistic Competition

Anyone can win unless there happens to be a second entry.

—George Ade

Learning Objectives

  1. Explain how firms in a cartel raise their profits by coordinating their actions.

  2. Illustrate how firms independently choose their output levels to determine the Nash-Cournot equilibrium.

  3. Show how firms independently choose their prices to determine the Nash-Bertrand equilibrium.

  4. Explain how two conditions determine the monopolistic competition equilibrium.

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Managerial Economics

Managerial Economics

Vanita Agarwal
Managerial Economics

Managerial Economics

Donald N. Stengel
Principles of Managerial Finance, 15th Edition

Principles of Managerial Finance, 15th Edition

Scott B. Smart, Chad J. Zutter, Lawrence J. Gitman

Publisher Resources

ISBN: 9780134472553