Under what conditions will the oligopolists agree to co-operate in their decisions - реферат по экономической теории

 

Тезисы:

  • At least some firms may influence price due to their important contribution to the total output.
  • In that situation firms try to coordinate their activities.
  • To answer this question, I first need to describe the way agreement between oligopolies form.
  • Let us suppose that there are 15 suppliers in the area A who want to co-operate with each other.
  • These firms set their prices equal to their average costs.
  • Each participant in co-operation agreement should have production quotas.
  • If everyone is cheating the co-operation agreement breaks down as profits fall to 0.
  • Grebenschikov P.I., Leusskiy A.I., Tarasevitch L.S, Microeconomics, St.
  • Automobile, steel, air transport are common examples of oligopolies.
  • Or, in a global sense, we could call oil producer countries oligopolies and OPEC - a cartel.

 

 

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