1. WHAT IS OLIGOPOLY? •Oligopoly lies between perfect competition and monopoly•Few number of companies on the market•Produce identical products and compete on price,…

1. Chapter 12Oligopoly 2. Lecture Plan • • • • • • • • •Introduction Features of Oligopoly Duopoly Cournot’s Model Stackelberg’s Model Kinked Demand…

1. Oligopoly and Strategic Behavior13 2. Previously… • Monopolistic competition is a market structure characterized by free entry, many different firms, and differentiated…

Yield Revenue Management and Costly Consumer Search Yield Revenue Management and Costly Consumer Search MOSCOW 2012 June 8 Simon P. Anderson, University of Virginia, USA…

Yield Revenue Management and Costly Consumer Search Yield Revenue Management and Costly Consumer Search MOSCOW 2012 June 8 Simon P. Anderson, University of Virginia, USA…