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We examine the force of three types of behavioral dynamics in quantity-setting triopoly experiments: <OL> <LI>mimicking the successful firm, <LI>following the exemplary firm, and <LI>belief learning. </OL> Theoretically, these three rules of dynamic conduct lead to the competitive, the collusive, and the...</li></li></li></ol>
Persistent link: https://www.econbiz.de/10005137324
We investigate contributions to the provision of public goods on a network when efficient provision requires the formation of a star network. We provide a theoretical analysis and study behavior in a controlled laboratory experiment. In a 2x2 design, we examine the effects of group size and the...
Persistent link: https://www.econbiz.de/10011256512
We examine the force of three types of behavioral dynamics in quantity-setting triopoly experiments:mimicking the successful firm,following the exemplary firm, andbelief learning.Theoretically, these three rules of dynamic conduct lead to the competitive, the collusive, and the Cournot-Nash...
Persistent link: https://www.econbiz.de/10011257649