Chapter 17: Oligopoly
Recent Posts
October 29
Is Amazon Predatory?
The American Booksellers Association accuses Amazon, Wal-Mart and Target of predatory pricing.
Textbook References:
Pages 381-382 “Predatory Pricing”
October 28
The Value of Human(?) Capital
Scientists find that adding to a monkey's "human" capital will raise its income and status in the monkey's group.
Textbook References:
Pages 366-370 “Markets with only a Few Sellers”
Pages 414-416 “Human Capital”