### Game theory explain why strategic moves fluctuate

##### Reference no: EM13829975

How does game theory explain why strategic moves fluctuate?

Some oligopolies use a form of implicit cooperation called price leadership, which is legal in the US. Why do you think these firms try to engage in this practice? And why does price leadership often fail?

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Some oligopolies use a form of implicit cooperation called price leadership, which is legal in the US. Why do you think these firms try to engage in this practice? And why does price leadership often fail?

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