In this episode I study on infinitely repeated Bertrand competition example and show that how collusive outcome and monopoly outcome can be supported as a subgame perfect equilibrium.

It's crucial to watch lecture videos in the proper order to ensure effective learning. This is because the concepts in each video build upon those introduced in previous videos. To help you with this, I recommend visiting my website, www.selcukozyurt.com, for a recommended course outline.