Introduction to Economics 1 Deneme Sınavı Sorusu #1132395

Which of the followings represents a situation among the interacting firms, each of which chooses their best strategy given the strategies that all the other firms have already been chosen?


Cartel

Collusion

Nash Equilibrium

Oligopoly

Dominant Strategy


Yanıt Açıklaması:

Nash Equilibrium represents a situation among the interacting firms, each of which chooses their best strategy given the strategies that all the other firms have already been chosen.

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