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精编密训教材，分阶快递。3. Collusive oligopolies: Rivals may divide markets among themselves according to regional areas or product specialization and charge the same or higher prices based on agreements. Fewer members, more practical.
●Game Theory
The theory involving choices made by players based on the reaction expected by opponents as in oligopolies.
If one can always increase its profits whatever the competitor does under one policy, one should practice the policy.
NashEquilibrium: a kind of game theory in which the strategy of each player is the best choice based on the strategy of the other payer – the action depends on the action of the opponent.
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