This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the … oligopoly ; entry …

In this experiment, we analyze strategic delegation in a Cournot duopoly. Owners can choose among two different … contracts which determine their managers' salaries. One contract simply gives managers incentives to maximize firm profits …, while the second contract gives an additional sales bonus. Although theory predicts the second contract to be chosen, it is …

In this note we study a very simple trial & error learning process in the context of a Cournot oligopoly. Without any …

On a homogeneous oligopoly market informed sellers are fully aware of market demand whereas uninformed sellers only …. -- evolution ; oligopoly ; market research ; private information …

In the heterogeneous experimental oligopoly markets of this paper, sellers first choose capacities and then prices. In … setting behavior is in general consistent with the theory. Capacities converge above the Cournot level. Sellers rarely manage …

incentives for revealing the actual estimation of others' behavior. In each session and round sixteen subjects make a choice …

things, providing efficient incentives to invest in relationship specific skills. However, in many situations efficient … investment can also be attained by spot contracts. We replicate such a situation with our experimental design based on a simple … two period game, involving the choke of the contract; length by the principal and an investment choke by the agent. In …

.’s investment game by introducing an upper bound to what a contributor can be repaid afterwards. By varying this upper bound …

The theory of industrial organization has experienced an impressive boom by using the methods of (non-cooperative) game … theory. The conclusions depend, however. crucially on subtle details of the market decision processes about which there exist …

We investigate simultaneous and sequential price competition in duopoly markets with differentiated products. In both …, just as predicted by the theory, whereas average follower prices are not above average prices in the simultaneous market … simultaneous-move markets whereas first movers do not. As in theory, there is a significant first-mover disadvantage when firms …