substitutability than it really has. This is so either because managers are biased and perceive the good in this way, or because firms …

triopoly. -- Artefactual field experiment ; subject pools ; Cournot oligopoly ; managers ; cheap talk … experiments, using both students and managers as subjects. Communication is implemented by two different devices, a ‘standardized … triopoly. Moreover, managers behave in a similar way under the two communication devices, while students are more influenced by …