Showing 21 - 30 of 40,310
competes with another firm à la Cournot in a second market. We compare treatments where the multi-product firm (i) always …
Persistent link: https://www.econbiz.de/10010983930
competes with another firm à la Cournot in a second market. We compare treatments where the multi-product firm (i) always …
Persistent link: https://www.econbiz.de/10010327201
ABSTRACT: We analyze the impact of product bundling in experimental markets. One firm has monopoly power in a first market but competes with another firm in a second market. We compare treatments where the multiproduct firm (i) always bundles, (ii) never bundles, and (iii) chooses whether or not...
Persistent link: https://www.econbiz.de/10010326151
This paper experimentally investigates the interdependence between market competition and endogenously emerging inter-firm collaboration. We restrict attention to arrangements resulting from bilateral collaboration agreements that typically characterize real world applications in which the...
Persistent link: https://www.econbiz.de/10005866674
competes with another firm à la Cournot in a second market. We compare treatments where the multi-product firm (i) always …
Persistent link: https://www.econbiz.de/10010204789
We conduct experiments testing the relationship between excess capacity and pricing in repeated Bertrand-Edgeworth duopolies and triopolies. We systematically vary the experimental markets between low excess capacity (suggesting monopoly) and no capacity constraints (suggesting perfect...
Persistent link: https://www.econbiz.de/10010956799
This study is the first to investigate the effect of demand rationing in experimental Bertrand-Edgeworth markets with fixed exogenous capacities. It is found that prices and profits are significantly higher under proportional than under efficient demand rationing. Moreover, the amount of...
Persistent link: https://www.econbiz.de/10011412814
Price competition with increasing marginal costs, though relevant for many markets, appears as an under-researched field in the experimental oligopoly literature. We provide results from an experiment that varies the number of firms as well as the demand rationing and matching schemes in...
Persistent link: https://www.econbiz.de/10011412816
We conduct experiments testing the relationship between excess capacity and pricing in repeated Bertrand-Edgeworth duopolies and triopolies. We systematically vary the experimental markets between low excess capacity (suggesting monopoly) and no capacity constraints (suggesting perfect...
Persistent link: https://www.econbiz.de/10010310452
Price competition with increasing marginal costs, though relevant for many markets, appears as an under-researched field in the experimental oligopoly literature. We provide results from an experiment that varies the number of firms as well as the demand rationing and matching schemes in...
Persistent link: https://www.econbiz.de/10011411148