most dominant coding technology in the United States. It allows for point-of-sale (POS) scanning systems and to … Research ; Game Theory ; Price Competition among Manufacturers and Retailers ; Empirical Industrial Organization …

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 …

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

returns is developed. It is shown that these economies of scale need only be present in one sector of the economy (investment … as well as a procyclical investment share. The model can account for the observed variability of hours worked …. -- Sunspots ; technology shocks ; economic fluctuations ; Dunlop-Tarshis-puzzle …

entry can either reverse or intensify this result. -- International Trade ; Organization of Production ; Technology Choice …

, 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 …