Huck, Steffen; Müller, Wieland; Normann, Hans-Theo - EconWPA - 1999
In this paper, we experimentally investigate the extended game with action commitment of Hamilton and Slutsky (1990). In their duopoly game, firms can choose their quantities in one of two periods before the market clears. If a firm commits to a quantity in period 1 it does not know whether the...