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laboratory experiment we test the different theories by systematically varying information conditions. We find significant …
Persistent link: https://www.econbiz.de/10010366552
. In alaboratory experiment we test the different theories by systematically varying informationconditions. We find that …
Persistent link: https://www.econbiz.de/10011509505
We examine the force of three types of behavioral dynamics in quantity-setting triopoly experiments:mimicking the … competitive, the collusive, and the Cournot-Nash outcome, respectively. In the experiment we employ three information treatments …
Persistent link: https://www.econbiz.de/10010371113
experiments with various numbers of firms, we compare production decisions with and without the possibility to target punishment …
Persistent link: https://www.econbiz.de/10010222148
We study the role of communication in collusive market sharing. In a series of Cournot oligopoly experiments with …
Persistent link: https://www.econbiz.de/10012134028
Multiple Cournot oligopoly experiments found more collusive behavior in markets with fewer firms (Huck et al., 2004 … constant the locations of key outcomes, payoffs at these outcomes and the incentives to collude. Experiments using this …
Persistent link: https://www.econbiz.de/10012501283
experiments. …
Persistent link: https://www.econbiz.de/10011538885
In a capacity-then-price-setting game we experimentally identify capacity precommitment, the possibility to communicate before price choices, and prior competition experience as crucial factors for collusive pricing. The theoretical analysis determines the capacity thresholds above which firms...
Persistent link: https://www.econbiz.de/10011944106
We examine the strategic behavior of leaders and followers in sequential duopoly experiments in which followers either … perfectly observe the leaders' actions or else observe nothing. Our experiments show that consistent with the theory, leaders …
Persistent link: https://www.econbiz.de/10014034112
Multiple Cournot oligopoly experiments found more collusive behavior in markets with fewer firms (Huck et al., 2004 … constant the locations of key outcomes, payoffs at these outcomes and the incentives to collude. Experiments using this …
Persistent link: https://www.econbiz.de/10013230892