Price wars: how game theory explains tacit-collusion in Australia’s supermarket duopoly
· economicstudents.com
Ask anybody to name two of Australia’s supermarkets and undoubtedly the answers will be Coles and Woolworths. Together, these two giants have 67% share of the market (ACCC, 2025).
Ask anybody to name two of Australia’s supermarkets and undoubtedly the answers will be Coles and Woolworths. Together, these two giants have 67% share of the...