{"content":{"sharePage":{"page":0,"digests":[{"id":"48148182","dateCreated":"1323829587","smartDate":"Dec 13, 2011","userCreated":{"username":"slfountain","url":"https:\/\/www.wikispaces.com\/user\/view\/slfountain","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/48148182"},"dateDigested":1532762645,"startDate":null,"sharedType":"discussion","title":"review","description":"Nice job in separating the different types out. Great examples of well known companies in different areas of business. Interesting that he mentioned that in a manger\u2019s optimal decision it would depend upon the others as it\u2019s easier to see in some of the businesses (Coke and Pepsi), but perhaps a little harder to see in the oil companies, which when I read this, I took to mean their corporate and exploratory divisions.","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"48146104","dateCreated":"1323827415","smartDate":"Dec 13, 2011","userCreated":{"username":"keittenbach","url":"https:\/\/www.wikispaces.com\/user\/view\/keittenbach","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/48146104"},"dateDigested":1532762646,"startDate":null,"sharedType":"discussion","title":"Review","description":"In the discussion of oligopolies, the author begins by offering a brief definition of what an oligopoly is followed by examples of what would be considered oligopolies in today\u2019s market. It is interesting that one would assume and oligopoly is easier to manage due to less competition, however that is not the case. From a manager\u2019s perspective an oligopoly environment is the most difficult.
\nSeveral different types of oligopolies exits including: Cournot, Stackleberg, Bertrand, and collusion.
\nFacts of an oligopoly include:
\n- Less market influence than a monopoly
\n- Leads to higher market prices
\n- Stable market prices
\n- Prices are directly correlated to market output
\n- The fewer competing firms, the higher to cost for consumers
\n
\nGreat review! Very helpful.","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47830088","dateCreated":"1323363116","smartDate":"Dec 8, 2011","userCreated":{"username":"kfraymer","url":"https:\/\/www.wikispaces.com\/user\/view\/kfraymer","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47830088"},"dateDigested":1532762646,"startDate":null,"sharedType":"discussion","title":"Great Review for Final","description":"You did a nice job covering this topic that is sure to appear heavily on the final exam. I thought your summaries of each model were clear and concise, and I have printed out your page to use a review for the exam.
\n
\nIn addition, your questions were some of the most pratical and helpful (as far as test prep) that I have read. Well done!","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47781194","dateCreated":"1323297929","smartDate":"Dec 7, 2011","userCreated":{"username":"amdevoss","url":"https:\/\/www.wikispaces.com\/user\/view\/amdevoss","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47781194"},"dateDigested":1532762646,"startDate":null,"sharedType":"discussion","title":"Theory","description":"http:\/\/www.krannert.purdue.edu\/faculty\/smartin\/aie2\/contestbk.pdf<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47530566","dateCreated":"1323019547","smartDate":"Dec 4, 2011","userCreated":{"username":"rmgauger","url":"https:\/\/www.wikispaces.com\/user\/view\/rmgauger","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47530566"},"dateDigested":1532762646,"startDate":null,"sharedType":"discussion","title":"Examples","description":"Industries which are examples of oligopolies include:
\n
\n\u2022Steel industry
\n\u2022Aluminum
\n\u2022Film
\n\u2022Television
\n\u2022Cell phone
\n\u2022Gas
\n
\nhttp:\/\/examples.yourdictionary.com\/oligopoly-examples.html<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"47035104","dateCreated":"1322428182","smartDate":"Nov 27, 2011","userCreated":{"username":"kmwesterfiel","url":"https:\/\/www.wikispaces.com\/user\/view\/kmwesterfiel","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/47035104"},"dateDigested":1532762646,"startDate":null,"sharedType":"discussion","title":"News article about Oligopolies","description":"There was a Forbes article this week discussing the AT&T and T-Mobile merger that I thought might help your topic:
\nhttp:\/\/www.forbes.com\/sites\/panosmourdoukoutas\/2011\/11\/23\/is-the-att-t-mobile-merger-limiting-or-fostering-competition\/<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"45782986","dateCreated":"1320692409","smartDate":"Nov 7, 2011","userCreated":{"username":"kfraymer","url":"https:\/\/www.wikispaces.com\/user\/view\/kfraymer","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/45782986"},"dateDigested":1532762646,"startDate":null,"sharedType":"discussion","title":"Stackelberg leadership in a dynamic duopoly with stochastic capital accumulation.","description":"I hope this academic article helps:
\nhttp:\/\/search.ebscohost.com\/login.aspx?direct=true&AuthType=cookie,ip,url,cpid&custid=marion&db=buh&AN=17884845&site=ehost-live<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"45620976","dateCreated":"1320412678","smartDate":"Nov 4, 2011","userCreated":{"username":"MJWagner74","url":"https:\/\/www.wikispaces.com\/user\/view\/MJWagner74","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/45620976"},"dateDigested":1532762646,"startDate":null,"sharedType":"discussion","title":"Bertrand Competition","description":"http:\/\/www.iese.edu\/research\/pdfs\/DI-0934-E.pdf<\/a>","replyPages":[{"page":0,"digests":[],"more":0}]},{"id":"43609422","dateCreated":"1317693639","smartDate":"Oct 3, 2011","userCreated":{"username":"kamcnutt","url":"https:\/\/www.wikispaces.com\/user\/view\/kamcnutt","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"},"monitored":false,"locked":false,"links":{"self":"https:\/\/mbaeconfall2011.wikispaces.com\/share\/view\/43609422"},"dateDigested":1532762646,"startDate":null,"sharedType":"discussion","title":"Oligopoly","description":"Oligopoly is one type of market structure in which there are many buyers and few sellers. There are no buyer entry barriers, but there are seller entry barriers. Typically the firm size is average to large and they have homogeneous products. There is high competition and sellers achieve average market share. Examples of such companies might be satelite TV providers (Dish Network, Direct TV, etc), auto manufacturers, oil companies, or cola companies (Pepsi, Coke, etc).","replyPages":[{"page":0,"digests":[{"id":"43609822","body":"Link to the Wikipedia page for oligopoly: http:\/\/en.wikipedia.org\/wiki\/Oligopoly<\/a>","dateCreated":"1317693979","smartDate":"Oct 3, 2011","userCreated":{"username":"kamcnutt","url":"https:\/\/www.wikispaces.com\/user\/view\/kamcnutt","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"}},{"id":"44297088","body":"An oligopolistic market tends to be dominated by a small number of firms. Classic examples are airlines, auto manufacturers, and aerospace industries. This type of market drives a mutual dependence relationship between all the firms. For example, if one firm changes their pricing, it forces the other firms to react and do the same. Knowing how to operate an oligopolistic firm is very difficult because the strategic plans need to depend on the expected response from competitors.","dateCreated":"1318646835","smartDate":"Oct 14, 2011","userCreated":{"username":"kamcnutt","url":"https:\/\/www.wikispaces.com\/user\/view\/kamcnutt","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"}},{"id":"44297268","body":"An oligopoly is typically a market dominated by between 2 and 10 firms. Strategic behavior and managerial decision making are the main keys to success. Four types of Oligopoly include Sweezy, Cournot, Stackelberg, and Bertrand.","dateCreated":"1318647270","smartDate":"Oct 14, 2011","userCreated":{"username":"kamcnutt","url":"https:\/\/www.wikispaces.com\/user\/view\/kamcnutt","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"}},{"id":"47560020","body":"Varioust types of oligopoly models include Cournot, Stackelberg, Bertrand, and collusion. Bertrand oligopoly produces the highest market output, followed by Stackelbert, then Cournot, and finally collusion. The Stackelberg leader and colluding firms generate the highest profits, followed by Cournot, Stackelberg, and then Bertrand.","dateCreated":"1323052374","smartDate":"Dec 4, 2011","userCreated":{"username":"kamcnutt","url":"https:\/\/www.wikispaces.com\/user\/view\/kamcnutt","imageUrl":"https:\/\/ssl.wikicdn.com\/i\/user_none_lg.jpg"}}],"more":0}]}],"more":false},"comments":[]},"http":{"code":200,"status":"OK"},"redirectUrl":null,"javascript":null,"notices":{"warning":[],"error":[],"info":[],"success":[]}}