Managers and Students Playing Cournot: Experimental Evidence from Malaysia

We report results from a Cournot triopoly experiment with different subject pools: German students, Malaysian students, and Malaysian managers. While German students play Nash, we reject the hypothesis that both Malaysian students and managers select the Nash quantity. Moreover, Malaysian managers perform significantly less competitively than Malaysian students. Finally, the affect of gender is opposite for German and Malaysian subjects.

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Year of publication:	2008
Authors:	Waichman, Israel ; Requate, Till ; Siang, Ch'ng Kean
Institutions:	Institut für Volkswirtschaftslehre, Christian-Albrechts-Universität Kiel
Subject:	artefactual field experiment \| subject pools \| Cournot oligopoly \| managers \| non-cooperative behavior

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Extent:	application/pdf
Series:	Economics Working Papers. - ISSN 2193-2476.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2008,19
Classification:	C72 - Noncooperative Games ; C93 - Field Experiments ; L13 - Oligopoly and Other Imperfect Markets ; D21 - Firm Behavior ; D43 - Oligopoly and Other Forms of Market Imperfection
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005082831