Showing 1 - 10 of 372
This paper derives a three stage Cournot duopoly game for research collaboration, research expenditures and product … market competition. The amount of knowledge firms can absorb from other firms is made dependent on their own research efforts … positive effect on R&D efforts both under research joint venture and under research competition. Firms' propensity to …
Persistent link: https://www.econbiz.de/10013428320
Persistent link: https://www.econbiz.de/10012819973
Persistent link: https://www.econbiz.de/10014286021
Persistent link: https://www.econbiz.de/10014419442
Persistent link: https://www.econbiz.de/10000885128
We explore the stability of imitation in a 1,200-period experimental Cournot game where subjects do not know the payoff function but see the output quantities and payoffs of each oligopolist after every period. In line with theoretical predictions and previous experimental findings, our...
Persistent link: https://www.econbiz.de/10010194591
previous experimental findings, duopolies and triopolies both reach highly competitive levels, with price approaching marginal …-Nash-Gleichgewicht zu verharren, sondern stattdessen nahezu voll kollusive Levels im Duopol erreichen und im Triopol tief in kollusives …
Persistent link: https://www.econbiz.de/10009583743
We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our … information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …
Persistent link: https://www.econbiz.de/10014487322
Persistent link: https://www.econbiz.de/10003528868
Persistent link: https://www.econbiz.de/10003528251