1) CAN You Identify Gamma's competitors, and their competitors (i.e. identify the circle of competitors).

2) CAN You Find Gamma's demand function compared to its compeitors. Hint: you can use regression analysis, butonlyinclude your price and your two competitors' prices in your regression - do not include the remaining firm, or it will throw everything off.

3)CAN You Find Gamma's cost function.

4) CAN YouFind Gamma's best response function. See Case 6.0 on how to do this.

5) CAN You Find the Nash equilibrium, and compare how you played to the Nash prediction for Gamma

6) CAN You Find the cooperative outcome that would obtain if you acted as a cartel, and discuss whether this is an equilibrium, and whether you all played cooperatively.

The other team names alpha, beta and delta are the teams that particpated in this market stimulation.

Market Simulation, Fall 2023
Round 1					Round 5
Firm	Price	Quantity	Profit		Firm	Price	Quantity	Profit
alpha	$100	50	$1,500		alpha	$80	120	$4,000
beta	$75	200	$7,000		beta	$65	190	$4,650
gamma	$75	200	$7,000		gamma	$75	150	$4,750
delta	$100	50	$1,500		delta	$70	160	$4,400
Round 2					Round 6
Firm	Price	Quantity	Profit		Firm	Price	Quantity	Profit
alpha	$75	150	$4,750		alpha	$75	133	$3,985
beta	$80	120	$4,000		beta	$60	208	$4,240
gamma	$70	160	$4,400		gamma	$73	156	$4,708
delta	$65	190	$4,650		delta	$73	141	$4,063
Round 3
Firm	Price	Quantity	Profit
alpha	$75	150	$4,750
beta	$80	110	$3,500
gamma	$70	150	$4,000
delta	$55	230	$3,750
Round 4
Firm	Price	Quantity	Profit
alpha	$75	145	$4,525
beta	$70	160	$4,400
gamma	$75	140	$4,300
delta	$65	185	$4,475