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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
-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
This paper derives a three stage Cournot duopoly game for research collaboration, research expenditures and product …
Persistent link: https://www.econbiz.de/10013428320
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
The economics literature on Net Neutrality (NN) has been largely critical of NN regulation on the basis of theoretical findings that NN violations can be both welfare improving and welfare deteriorating, depending on the circumstances of the case in question. Thus, an ex post competition policy...
Persistent link: https://www.econbiz.de/10012019034
This article studies the effects of consumer information on the intensity of competition. In a two dimensional duopoly …
Persistent link: https://www.econbiz.de/10012425308
We study a hybrid marketplace where a vertically integrated platform competes with a seller in a horizontally differentiated downstream market. The platform has a data advantage and can price discriminate consumers, whereas the seller cannot. Our analysis shows that, by properly setting the...
Persistent link: https://www.econbiz.de/10014631826
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