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Oligopoly

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Microeconomics Mind Map on Oligopoly, created by Natalija Stoin on 23/02/2020.
Natalija Stoin
Mind Map by Natalija Stoin, updated more than 1 year ago More Less
Ashley Hay
Created by Ashley Hay over 8 years ago
Natalija Stoin
Copied by Natalija Stoin almost 5 years ago
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Resource summary

Oligopoly
  1. advertising to influence info
    1. product differentiation
      1. few dominant firms
        1. interdependence of firms
          1. "game theory"
          2. barriers to entry (weaker than monopolistic comp.
            1. reason oligopolies occur (along with mergers)
            2. ex: cereal, airlines, television service
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