Offerman, Theo; Potters, Jan; Sonnemans, Joep - In: Review of Economic Studies 69 (2002) 4, pp. 973-997
We examine the force of three types of behavioural dynamics in quantity-setting triopoly experiments: (1) mimicking the successful firm, (2) rules based on following the exemplary firm, and (3) rules based on belief learning. Theoretically, these three types of rules lead to the competitive, the...