This paper reports 45 laboratory duopoly markets that examine the importance of information sharing in facilitating …

This paper reports 45 laboratory duopoly markets that examine the importance of information sharing in facilitating …

affects the optimal price/price markup or optimal quantity. A monopoly example is used to show that seemingly strong … uncertainty types can lead to quite special results. Monopoly examples of the newsboy problem type are further used to show that …

differentiated product duopoly with demand uncertainty. We prove that the expected consumer surplus is always higher under the supply …