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order of moves in the duopoly market. Our data indicate support for the theory of product bundling: with bundling and … theory bundling should not make a difference here. In sum, bundling works as a commitment device that enables the transfer of …ABSTRACT: We analyze the impact of product bundling in experimental markets. One firm has monopoly power in a first …
Persistent link: https://www.econbiz.de/10010326151
of moves in the duopoly market. Our data indicate support for the theory of product bundling: with bundling and … theory bundling should not make a difference here. In sum, bundling works as a commitment device that enables the transfer of …We analyze the impact of product bundling in experimental markets. One firm has monopoly power in a first market but …
Persistent link: https://www.econbiz.de/10010327201
In a framework with an upstream monopoly and a downstream duopoly, we analyze the impact of convex costs on the …
Persistent link: https://www.econbiz.de/10010260776
to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent … independent of the particular duopoly game played ex post. We apply this condition to three canonical examples procurement …
Persistent link: https://www.econbiz.de/10010369246
can not generally expect that the behavior of teams is equivalent to the behavior of individuals in Cournot competition … theoretical foundation for the unitary player assumption in Cournot competition. We show that this assumption is robust in … experiments in contrast to analog experimental results on price-competition in the literature. …
Persistent link: https://www.econbiz.de/10010263110
We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a … and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …
Persistent link: https://www.econbiz.de/10010263153
. In a laboratory experiment we test the different theories by systematically varying information conditions. We find that …
Persistent link: https://www.econbiz.de/10010270576
In the homogenous good case, the relationship between market struc- ture and efficiency was studied extensively. Assuming a standard quadratic utility with quantity competition, this paper carries on the analysis in a differentiated good context. It can be shown that there is a positive re-...
Persistent link: https://www.econbiz.de/10010294750
In the homogenous good case, the relationship between market structure and efficiency was studied extensively. Assuming a standard quadratic utility with quantity competition, this paper carries on the analysis in a differentiated good context. It can be shown that there is a positive...
Persistent link: https://www.econbiz.de/10010300833
non-competitive conduct in the period 2008 to 2010. To do so, I develop mathematical programming models – a Stackelberg … model, two varieties of a Cournot model, and a perfect competition model – for computing spatial equilibria in international …
Persistent link: https://www.econbiz.de/10010312765