Narrow search
Showing 1 - 10 of 21
Cover Image
Profitable horizontal mergers without cost advantages: The role of internal organization, information, and market structure
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - Wissenschaftszentrum Berlin für Sozialforschung (WZB) - 2001
with various empirical findings, is the assumption that information about output decisions flows more freely within a …
Persistent link: https://www.econbiz.de/10009370662
Cover Image
Imitation and the evolution of Walrasian behavior: theoretically fragile but behaviorally robust
Apesteguia, José; Huck, Steffen; Oechssler, Jörg; … - 2008
A well-known result by Vega-Redondo (1997) implies that in symmetric Cournot oligopoly, imitation leads to the Walrasian outcome where price equals marginal cost. In this paper, we show that this result is not robust to the slightest asymmetry in fixed costs. Instead of obtaining the Walrasian...
Persistent link: https://www.econbiz.de/10010270592
Cover Image
Imitation - Theory and Experimental Evidence -
Apesteguia, Jose; Huck, Steffen; Oechssler, Jörg - 2005
laboratory experiment we test the different theories by systematically varying information conditions. We find significant … effects of seemingly innocent changes in information. Moreover, the generalized imitation model predicts the differences …
Persistent link: https://www.econbiz.de/10011422119
Cover Image
Imitation and the Evolution of Walrasian Behavior: Theoretically Fragile but Behaviorally Robust
Apesteguia, Jose; Huck, Steffen; Oechssler, Jörg; … - 2007
A well-known result by Vega-Redondo implies that in symmetric Cournot oligopoly, imitation leads to the Walrasian outcome where price equals marginal cost. In this paper we show that this result is not robust to the slightest asymmetry in fixed costs. Instead of obtaining the Walrasian outcome...
Persistent link: https://www.econbiz.de/10011422170
Cover Image
Imitation - Theory and Experimental Evidence
Apestgeguia, Jose; Huck, Steffen; Oechssler, Jörg - 2005
laboratory experiment we test the different theories by systematically varying information conditions. We find significant … effects of seemingly innocent changes in information. Moreover, the generalized imitation model predicts the differences …
Persistent link: https://www.econbiz.de/10010333735
Cover Image
Profitable horizontal mergers without cost advantages: The role of internal organization, information, and market structure
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - 2001
with various empirical findings, is the assumption that information about output decisions flows more freely within a …
Persistent link: https://www.econbiz.de/10010307515
Cover Image
Profitable Horizontal Mergers without Cost Advantages: The Role of Internal Organization, Information, and Market Structure
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - 2001
with various empirical findings, is the assumption that information about output decisions flows more freely within a …
Persistent link: https://www.econbiz.de/10010315137
Cover Image
Profitable Horizontal Mergers without Cost Advantages: The Role of Internal Organization, Information, and Market Structure
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - CESifo - 2001
with various empirical findings, is the assumption that information about output decisions flows more freely within a …
Persistent link: https://www.econbiz.de/10005765715
Cover Image
Imitation - Theory and Experimental Evidence
Apestgeguia, Jose; Huck, Steffen; Oechssler, Jörg - Volkswirtschaftliche Fakultät, … - 2005
laboratory experiment we test the different theories by systematically varying information conditions. We find significant … effects of seemingly innocent changes in information. Moreover, the generalized imitation model predicts the differences …
Persistent link: https://www.econbiz.de/10005785850
Cover Image
Imitation - Theory and Experimental Evidence -
Apesteguia, Jose; Huck, Steffen; Oechssler, Jörg - Alfred-Weber-Institut für Wirtschaftswissenschaften, … - 2005
laboratory experiment we test the different theories by systematically varying information conditions. We find significant … effects of seemingly innocent changes in information. Moreover, the generalized imitation model predicts the differences …
Persistent link: https://www.econbiz.de/10005150934