We present a series of laboratory experiments run in order to analyse cost-reduction innovation behaviour in competitive double auction markets. The experiments allow us to study both efficiency of markets in which the process of costs improvement is endogenous, and investment behaviours in R?D...

This paper presents some experimental results that focus on players? coordination on Pareto-optimal issues of the investment game. These results show the importance of communication of intentions as a mean to realize such a coordination in different contexts (simultaneous or sequential game,...