Live revision! Join us for our free exam revision livestreams Watch now

Teaching PowerPoints

Oligopoly and Game Theory

AQA, Edexcel, OCR, IB

Last updated 21 Mar 2021

A revision presentation on aspects of game theory applied to an oligopoly

Students should be able to:

  • Use simple game theory to illustrate the interdependence that exists in oligopolistic markets
  • Understanding the prisoners’ dilemma and a simple two firm/two outcome model. Students should analyse the advantages/disadvantages of being a first mover
  • Students will not be expected to have an understanding of the Nash Equilibrium
Oligopoly and game theory

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.