EconExperiments
- Oligopoly
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Oligopoly | ||
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Cartel | ||
| Brief description: | |||
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Students are divided into six groups of six to seven. Each group is an oligopolist. They have to decide the levels of production in different rounds. They will soon discover that their profits are affected by their rivalries' production decision. | ||
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Students will be given one chance to discuss with others, and this is the opportunity for students to experience that oligopoly has the incentive to cheat. | ||
Teaching Materials:
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2) Teaching Plan (Chinese) |
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