Market Structures

How can you win a race by going slow? Check out the following video from the World Cup 2012 Individual Sprint Track Cycling (similar scenes can be found at the Olympics). The two cyclists, some of the fastest riders in the world, start out by going as slow as possible, almost like something out of Monty […]

This video uses game theory to solve a simple problem. Bob and Al are magicians. They’ve agreed to only perform one show per week and each earn $10,000. But ...

Oligopoly and game theory 1. Carlise and Mary are the only two editors of mystery novels in the city of Readville. If Carlise and Mary collude to earn more profits, they would: a) each reduce the number of books published and raise prices.*** b) each reduce the number of books published an...

Senior executives from two major US chicken producers have been indicted for allegedly conspiring to fix prices and rig bids on "broiler chickens," which are sold to grocery stores and restaurants.

One hundred years ago, U.S. antitrust prosecutors broke down monopolies in meatpacking. But can they do it again?

The U.S. government on Thursday filed a lawsuit seeking to block Visa Inc from purchasing the financial technology company Plaid.

Which resource markets have healthy levels of competition, and which are more monopolistic? This chart shows the global level of competition for 33 minerals.