Collusion in Oligopoly

GPTKB entity

Statements (29)
Predicate Object
gptkbp:instanceOf Economic Concept
gptkbp:aimsTo Increase Profits
Reduce Competition
gptkbp:analyzes gptkb:Game_Theory
gptkbp:canBe gptkb:Covert
Overt
Bid Rigging
Explicit Collusion
Market Sharing
Price Fixing
Tacit Collusion
gptkbp:cause Higher Prices
Reduced Output
gptkbp:contrastsWith gptkb:Monopoly
Perfect Competition
gptkbp:detects Competition Authorities
gptkbp:difficultDueTo Incentive to Cheat
gptkbp:example gptkb:OPEC
https://www.w3.org/2000/01/rdf-schema#label Collusion in Oligopoly
gptkbp:involves Firms
gptkbp:legalIn Many Countries
gptkbp:modeledAfter gptkb:Prisoner's_Dilemma
gptkbp:regulates Antitrust Laws
gptkbp:relatedTo gptkb:Cartel
Oligopoly
gptkbp:requires gptkb:communication
gptkbp:studiedIn Industrial Organization
gptkbp:bfsParent gptkb:Repeated_Games
gptkbp:bfsLayer 7