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This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual …
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We explore the stability of imitation in a 1,200-period experimental Cournot game where subjects do not know the payoff function but see the output quantities and payoffs of each oligopolist after every period. In line with theoretical predictions and previous experimental findings, our...
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competitive, the collusive, and the Cournot-Nash outcome, respectively. In the experiment we employ three information treatments …
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. In alaboratory experiment we test the different theories by systematically varying informationconditions. We find that …
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