3.3.3.5c - Interdependence of firms: • simple game theory - two firm/two outcome model • reasons

Interdependence of firms:; simple game theory - two firm/two outcome model; reasons for collusive and non-collusive behaviour; cartels; price leadership; price wars.

Use c - interdependence of firms: • simple game theory - two firm/two outcome model • reasons to connect the rule to the data and decision in the question.

This matters because c - interdependence of firms: • simple game theory - two firm/two outcome model • reasons determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - interdependence of firms: • simple game theory - two firm/two outcome model • reasons to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Interdependence of firms: • simple game theory - two firm/two outcome model • reasons is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.