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What are the characteristics of oligopolies?

Updated: 8/18/2019
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13y ago

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-Company depends on each other -th eproducts are simillar

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15y ago
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Q: What are the characteristics of oligopolies?
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If you have a monopoly, why would you want an oligopoly? You make more profit alone.


What has the author Steffen Hoernig written?

Steffen Hoernig has written: 'Existence and comparative statics in heterogeneous cournot oligopolies'


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Avner Shaked has written: 'Multiproduct firms and market structure' 'Natural oligopolies'


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Auto Industry, Airline Industry, Soft Drink ( Pepsi, Coke, Cadbury-Shweppes )


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In general monopolistically competitive frims earn profits?

The general monopolistically competitive firm does earn profit. They earn point about as much as oligopolies.