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We experimentally study the effect of information about competitors ́actions on cartel stability and firms ́incentives to form cartels in Cournot markets. As in previous experiments, markets become very competitive when individualized information is available and participants cannot...
Persistent link: https://www.econbiz.de/10010532614
The strategy method is becoming an important tool in experimentalmethodology. This study examines how well this method works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice solving the problem andformulating strategies, they play...
Persistent link: https://www.econbiz.de/10011283474
Persistent link: https://www.econbiz.de/10000984810