Sticking it to Big Oil: Gas Collusion?

Sticking it to Big Oil:  Gas Collusion?
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This exercise, suitable for a group discussion or an individual written assignment, examines an actual proposal that circulated on the net in 2008 suggesting that we all boycott Exxon-Mobil until gas prices drop to $2. It sets up a simple model and gives a rubric stating all the options--each one showing how collusion (buyer or seller) must fail.
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0 pages
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Teaching Duration
50 minutes
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