Assenza, Tiziana; Grazzini, Jakob; Hommes, Cars; … - In: Journal of Economic Dynamics and Control 50 (2015) C, pp. 62-77
We present results from 50-rounds experimental markets in which firms decide repeatedly both on price and quantity of a perishable good. The experiment is designed to study the price–quantity setting behavior of subjects acting as firms in monopolistic competition. In the implemented...