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Markets and Comp: Prerequisites

This class was created by Brainscape user Lalita Hirani. Visit their profile to learn more about the creator.

By: Lalita Hirani
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Decks in this class (12)

Prerequisites
How much market share does a pure...,
How much market share does a domi...,
Most real world markets are ______
37  cards
Market Power and Concentration
In the cournot model for a case o...,
Why is perfect competition justif...,
True or false under the cournot m...
88  cards
Competition Policy Background
Why is competition policy necessary,
How can competition policy be bro...,
What led to the introduction of c...
39  cards
Cartels and tacit collusion
What does it mean if a firm were ...,
Why is collusion said to be tacit,
True or false there is a consensu...
43  cards
Legal Approach and Antitrust law (4)
What does section 2 of the sherma...,
Is having a monopoly status alone...,
What factors are considered by co...
22  cards
Entry Barriers
What is an incumbent firm,
How do sunk costs create a barrie...,
How can even super small sunk cos...
15  cards
Entry deterrence
Expanding production capacity to ...,
What are product proliferation an...,
Despite the ease of entry sometim...
4  cards
Strategic capacity commitment
What model underscores the import...,
Why is commitment so important,
How can over investment be used a...
18  cards
Predation
Does the chicago school of though...,
What is predatory pricing,
What is the main goal of predator...
12  cards
Limit pricing and cost signalling
Explain the concept of limit pricing,
What is the two period game in th...,
What happens if the potential ent...
7  cards
Networks and Standards
What are network externalities,
What is path dependence in the co...,
How do network externalities affe...
20  cards
Auctions
What is a second price auction,
What is the dominant strategy in ...,
How does a first price auction work
10  cards

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Markets and Comp: Prerequisites

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