Li, Sherry Xin; Dogan, Kutsal; Haruvy, Ernan - In: International Journal of Industrial Organization 29 (2011) 1, pp. 104-115
We present a laboratory experiment that measures the effects of group identity--one's perceived membership in social groups--on market transactions in an oligopoly market with a few sellers and buyers. We artificially induce group identity using art preferences and college majors in different...