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In asymmetric dilemma games without side payments, players face involved cooperation and bargaining problems. The â€¦ the example of a Cournot duopoly with asymmetric cost, we investigate experimentally how players cooperate (collude â€¦ implicitly and explicitly), if at all, in such games. In our treatments without communication, players fail to cooperate and â€¦
Persistent link: https://www.econbiz.de/10011929323
In asymmetric dilemma games without side payments, players face involved cooperation and bargaining problems. The â€¦ the example of a Cournot duopoly with asymmetric cost, we investigate experimentally how players cooperate (collude â€¦ implicitly and explicitly), if at all, in such games. We find that, without communication, players fail to cooperate and â€¦
Persistent link: https://www.econbiz.de/10011802796
three-firm Cournot markets to test these predictions and other effects like how buyer groups affect outcomes when group â€¦ firms. Communication is often abused for explicit agreements and this strongly reduces competition. â€¦
Persistent link: https://www.econbiz.de/10010428107
We explore the difference between explicit and tacit collusion by investigating the impact communication has in â€¦ largest additional profit from talking. We also find that industries continue to collude successfully after communication is â€¦ disabled. Communication supports fims in coordinating on collusive pricing schemes, and it is also used for conflict mediation. â€¦
Persistent link: https://www.econbiz.de/10010310323
three-firm Cournot markets to test these predictions and other effects like how buyer groups affect outcomes when group â€¦ firms. Communication is often abused for explicit agreements and this strongly reduces competition. â€¦
Persistent link: https://www.econbiz.de/10010426996
three-firm Cournot markets to test these predictions and other effects like how buyer groups affect outcomes when group â€¦ firms. Communication is often abused for explicit agreements and this strongly reduces competition. â€¦
Persistent link: https://www.econbiz.de/10010983935
We explore the difference between explicit and tacit collusion by investigating the impact communication has in â€¦ largest additional profit from talking. We also find that industries continue to collude successfully after communication is â€¦ disabled. Communication supports fims in coordinating on collusive pricing schemes, and it is also used for conflict mediation. â€¦
Persistent link: https://www.econbiz.de/10010956703
In a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they â€¦ may get fined by a cartel authority. We find that four-firm industries form cartels more often than duopolies because they â€¦
Persistent link: https://www.econbiz.de/10010397752
In a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they â€¦ may get fined by a cartel authority. We find that four-firm industries form cartels more often than duopolies because they â€¦
Persistent link: https://www.econbiz.de/10010956705
In a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they â€¦ may get fined by a cartel authority. We find that four-firm industries form cartels more often than duopolies because they â€¦
Persistent link: https://www.econbiz.de/10010401724