C03 · Lesson 11 of 22 · 16 min · 5 hands-on tasks
Oligopoly: Competing on Quantity and Price
In Lakeside, Northlight and Starplex are the only two cinemas. Each one's best move depends on the other's. Plan shows when the rival plans shows too and find where you both settle (Cournot), then see why a pure price fight between identical cinemas can wipe out every dollar of profit (Bertrand), and how to avoid it.
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