Economics

Study Presentations

Oligopoly and Game Theory

Level:
A Level
Board:
AQA, Edexcel, OCR, IB

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

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