[경제학] Collusion regulation Using Game Theory

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레포트 > 경제경영계열
2005.03.17
16페이지 / ppt
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소개글

[경제학] Collusion regulation Using Game Theory에 대한 자료입니다.

Preview (Game Theory)
Oligopoly and Cartel
Collusion regulation
Application of prisoner’s dilemma
Conclusion

본문내용

In the main office of 'A' battery Co. in Sep. 2004, Fair Trade Commission was investigating cartel behavior among 4 battery manufacturers including 'A' Co. FTC noticed cartelists which consulted once in 2003 depending on evidenced acquired and suggested A "If you confess another cartel behavior, You'll be exempted" . They did this to other companies, as well. A Co. got trapped in prisoner's dilemma which is one of game theories. A Co. decided to confess. FTC imposed 1,848 mil won worth of penalty based on investigation data.

Game Theory

Game theory is the study of the ways in which strategic interactions among rational players produce outcomes with respect to the preferences (or utilities) of those players, none of which might have been intended by any of them.

Oligopoly

Few sellers offering similar or identical products
Interdependent firms (related to GT)
Best off cooperating and acting like a monopolist by producing a small quantity of output and charging a price above marginal cost

#to #of #in #the #Game #is #and #confess #FTC

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