Economics 2150A/B Study Guide - Quiz Guide: Oligopoly, General Linear Model

• School: Western University
• Department: Economics
• Course: Economics 2150A/B
• Professor: Colin Denniston

Document Summary

For the solution of the exercises you only need the files with following tables (see the last part of the file names, for detailed instruction on the file names read the general remarks). For each table we provide a short list of the variables and their meaning. Note that we only report the variables which are interesting to you. The others are mainly for the internal organization of the market. Moneyearned would be needed if we paid real money. Id gives the id number of the student: percentagemonopoly, performancemonopoly, performancebertrand1, Performancebertrand2, performancecournot give the performance values in the corresponding markets. 2_subjects. xls provides you with all necessary information about the monopoly market. You may ignore all variables that start with time . It is always 20: slope, maxprice, maxquantity give the characteristics of the demand curve. Maxprice gives the value where the demand function intersects with the price axis, maxquantity gives the value where demand crosses the quantity axis.