Lecture 16: Oligopoly I
recorded by: Massachusetts Institute of Technology, MIT
published: Dec. 3, 2012, recorded: December 2011, views: 2921
released under terms of: Creative Commons Attribution Non-Commercial Share Alike (CC-BY-NC-SA)
Report a problem or upload filesIf you have found a problem with this lecture or would like to send us extra material, articles, exercises, etc., please use our ticket system to describe your request and upload the data.
Enter your e-mail into the 'Cc' field, and we will keep you updated with your request's status.
We have already learned about the operation of two very different types of markets: perfectly competitive markets and monopolists. However, most markets don’t fall into either category. For example, think of the market for soda - both Pepsi and Coke are major producers, and they dominate the market. This type of market structure is known as an oligopoly, and it is the subject of this lecture.
Link this pageWould you like to put a link to this lecture on your homepage?
Go ahead! Copy the HTML snippet !