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The paper presents the concept of an imitation equilibrium and explores it in the context of some simple oligopoly …
Persistent link: https://www.econbiz.de/10011538885
. In alaboratory experiment we test the different theories by systematically varying informationconditions. We find that …
Persistent link: https://www.econbiz.de/10011509505
laboratory experiment we test the different theories by systematically varying information conditions. We find significant …
Persistent link: https://www.econbiz.de/10010366552
A well-known result by Vega-Redondo implies that in symmetric Cournot oligopoly, imitation leads to the Walrasian …
Persistent link: https://www.econbiz.de/10003593007
This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual … choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited …
Persistent link: https://www.econbiz.de/10011730377
experiments ; industrial organisation ; oligopoly ; price competition ; co-ordination games, learning …
Persistent link: https://www.econbiz.de/10001835606
A well-known result by Vega-Redondo (1997) implies that in symmetric Cournot oligopoly, imitation leads to the …
Persistent link: https://www.econbiz.de/10012772613
; oligopoly ; product differentiation ; entry ; asymmetric information ; strategic disclosure ; stochastic patent ; trade secret …
Persistent link: https://www.econbiz.de/10003862322
Persistent link: https://www.econbiz.de/10001617014
Persistent link: https://www.econbiz.de/10001579590