Question: Tit for tat meaning if you raise your price I ll match you by
Tit-for-tat--meaning if you raise your price, I'll match you by raising mine, and if you lower your price, I'll match you by lowering mine--seems to be a win/win strategy for both firms competing in a balanced oligopoly industry. So why does it not always end up as a win/win situation for them?
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