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...
Pilgrim's Pride CEO and three other chicken industry executives indicted for alleged price fixing conspiracy - CNN
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.
Infographic: Measuring the Level of Competition for Valuable Minerals
Which resource markets have healthy levels of competition, and which are more monopolistic? This chart shows the global level of competition for 33 minerals.