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We're interested in two things here.
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We're interested in what's going to happen in these markets.
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And then from a welfare point of view, from a policy point of view,
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we're interested about
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whether this is good for consumers or good for producers or what.
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How this relates to profits and consumer surplus.
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So with that in mind, let's just set the game up.
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So the players in this game are two firms
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and the strategies in this game for the firms
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and this is going to turn out to be important the strategies are
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the quantities that they produce of an identical product.
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So they are the quantities they produce,