Strategic thinking

Regarding the practice of oligopoly and collusion:

There was a game in class.

Please see the attached image.

There were 9 teams, and our team participated in the game.

As a result, 5 groups participated, and each team got 6 points.

How can I answer the following questions? 1. How do the point reduction rate affect our decisions in general? For example, if the deduction per participation had been larger at the beginning (25, 20, 15) and smaller at the end (10, 9, 8, 7).

2. What are the similarities between this experiment and the Oligopoly model in general?

Can you think of several similarities?

3. How can I think of an application of this experiment in oligolopistic firms such as Airline firms ?

Pay off structure # Groups # points # points sending each member of the each member of the NON- email participating group participating group 25/100 24/100 23/100 15/100 6/100 4/100 3/100 2/100 0 O O 1/100