Questions

1. Why does it seem that we have more business regulations as time progresses? What are the purposes of regulations? Are they necessary? Explain the impact or regulations on the economy - positive and negative.
2. What does the game model (John Nash) teach us about oligopolies?
3. In what ways can monopoly be a good idea? In what ways it is not a good idea? What role do regulations play?
4. Give four examples of "Monopolistic behaviors" even if the industry is not a monopoly. Are these behaviors legal? Are they ethical? Are the anti-trust laws enforced? Explain
5. One reason for Anti-Trust laws is that economic concentration of power (Monopoly or oligopoly) comes with concentration of political power. True or false? Is that a serious threat to the efficiency of our economic system? Explain your view.
6. Explain the types of conflicts of interest that exist between players in a modern corporate environment? How can we minimize the impact of these conflicts?