Assume that you are a manager at the Coca-Cola Company.

1. Describe some strategic moves you would make in relation to competition with PepsiCo. By moves, you must consider the game theory moves.
2. Consider forming a cartel with PepsiCo, and describe what the economic implications of that cartel would be.
3. Describe any new insights you acquired when considering your competitive strategy with PepsiCo. Again, the focus here is game theory concepts applied to a cartel. Also consider the free-riding dilemma.