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Maximum effort in the minimum-effort game
Engelmann, Dirk; Normann, Hans-Theo - In: Experimental economics : a journal of the Economic … 13 (2010) 3, pp. 249-259
Persistent link: https://www.econbiz.de/10009298627
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Experimental tests of consciously parallel behaviour in oligopoly
Harstad, Ronald; Martin, Stephen; Normann, Hans-Theo - 1997
Persistent link: https://www.econbiz.de/10000638291
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Mergers, asymmetries and collusion : experimental evidence
Fonseca, Miguel A.; Normann, Hans-Theo - In: The economic journal : the journal of the Royal … 118 (2008), pp. 387-400
Persistent link: https://www.econbiz.de/10003679199
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The merger paradox and why aspiration levels let it fail in the laboratory
Huck, Steffen; Konrad, Kai A.; Müller, Wieland; … - In: The economic journal : the journal of the Royal … 117 (2007), pp. 1073-1095
Persistent link: https://www.econbiz.de/10003492471
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Explicit vs. tacit collusion : the impact of communication in oligopoly experiments
Fonseca, Miguel A.; Normann, Hans-Theo - In: European economic review : EER 56 (2012) 8, pp. 1759-1772
Persistent link: https://www.econbiz.de/10009706419
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Through trial & error to collusion : the discrete case
Huck, Steffen; Normann, Hans-Theo; Oechssler, Joerg - 2000
In this note we study a very simple trial & error learning process in the context of a Cournot oligopoly. Without any … higher profits. We show that despite the absence of any coordination or punishing device this process converges to a …
Persistent link: https://www.econbiz.de/10011538701
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Stability of the Cournot process : experimental evidence
Huck, Steffen; Normann, Hans-Theo; Oechssler, Joerg - 2002
We report results of experiments designed to test the predictions of the best reply process. In a Cournot oligopoly …
Persistent link: https://www.econbiz.de/10011539705
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Two are few and four are many : number effects in experimental oligopolies
Huck, Steffen; Normann, Hans-Theo; Oechssler, Joerg - 2001
In this paper we investigate how the competitiveness of Cournot markets varies with the number of firms in an industry. We review previous Cournot experiments in the literature. Additionally, we conduct a new series of experiments studying oligopolies with two, three, four, and five firms in a...
Persistent link: https://www.econbiz.de/10011539897
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Do short-term laboratory experiments provide valid descriptions of long-term economic interactions? : a study of Cournot markets
Normann, Hans-Theo; Requate, Tilman; Waichman, Israel - In: Experimental economics : a journal of the Economic … 17 (2014) 3, pp. 371-390
Persistent link: https://www.econbiz.de/10010411192
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Through trial & error to collusion
Huck, Steffen; Oechssler, Joerg; Normann, Hans-Theo - 1999
In this note we study a very simple trial & error learning process in the context of a Cournot oligopoly. Without any … higher profits. We show that despite the absence of any coordination or punishing device this process converges to a …
Persistent link: https://www.econbiz.de/10009580461