Society, Politics & Law
Pluralism in Economics: inequalities, innovation, environment
...leadership, where a firm with market power sets a price level that other firms follow. Other firms have used tacit collusion in different ways, for example using an intermediary to set pricing, or to share price intentions with others. Activity 4: A cartel game Timing: 5 minutes This activity models cartel behaviour using a technique from mainstream economics called game...
Level 2: Intermediate
15 hrs