14. Oligopoly II

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MIT 14.01 Principles of Microeconomics, Fall 2018
Instructor: Prof. Jonathan Gruber

This video continues the discussion of oligopolies covering the topics of cartels, comparing equilibria, many firms, and price competition.

License: Creative Commons BY-NC-SA

  1. MIT OpenCourseWare
  2. microeconomics
  3. oligopoly
  4. cartel
  5. equilibrium
  6. price
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Комментарии
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The way my jaw dropped when he perfectly explained oligopolies in the first 2 minutes and I UNDERSTOOD. My current micro professor has been trying to explain it for two weeks and I didn't understand until I watched this video!

ramxhorn
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I was just trying to clarify concepts for my exam but now I am addicted to this class. I will miss Prof. Jonathan when this class is over haha

enterestado
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"I'll do you lower" is crazy to yell out during class
i woulda just said they can undercut each other until they reach competitive price equilibrium

sanban
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Great teaching, simplicity and concise👏📝📚📝👏👏

emilycorola
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Interestingly in A level economics in the UK we studied the kinked demand model of oligopoly. Though maybe this was because it doesn't require the maths of Cournot/Betrand.

forthrightgambitia
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I love the class I love to watch it 🥰 thanks for uploading

kuldeepsingh
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this one class covered my entire 100A-C at UCSD noice

nathanty
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man i just paid for this on edx
im so stupid

jessica
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What does poisoning effect means here?

yatisri