Müller, Wieland; Spiegel, Yossi; Yehezkel, Yaron - In: Games and Economic Behavior 66 (2009) 1, pp. 373-393
We examine the behavior of senders and receivers in the context of oligopoly limit pricing experiments in which high prices chosen by two privately informed incumbents may signal to a potential entrant that the industry-wide costs are high and that entry is unprofitable. The results provide...
