4 ms·
I'm familiar with the prisoner's dilemma. This is not that. In general, I don't find price fixing that difficult a concept to grasp, which makes it challenging
by unclebucknasty 3y ago
I'm familiar with the prisoner's dilemma. This is not that.
In general, I don't find price fixing that difficult a concept to grasp, which makes it challenging for me to break it down any further for you.
So, unfortunately, I don't think there's anywhere else to go from here. But, thanks for the discussion.
- WalterBright 3y agoOf course it is the same. Work through the scenarios. It's always advantageous for the cartel member to cheat on the cartel agreement.