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Ch 23 Key Terms. Monopolistic Competition Oligopoly Mutual Interdependence Concentration Ratio Price Leadership Tacit Understandings. Prisoner’s Dilemma Nash Equilibrium Herfindahl Index Game-Theory Model Collusion Price War Cartel Dominant Strategy.
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Ch 23 Key Terms • Monopolistic Competition • Oligopoly • Mutual Interdependence • Concentration Ratio • Price Leadership • Tacit Understandings • Prisoner’s Dilemma • Nash Equilibrium • Herfindahl Index • Game-Theory Model • Collusion • Price War • Cartel • Dominant Strategy