Explaining price dispersion and dynamics in laboratory Bertrand markets
Year of publication: |
2014
|
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Authors: | Bayer, Ralph-C. ; Wu, Hang ; Chan, Mickey |
Published in: |
Pacific economic review. - Richmond, Victoria : Wiley Publishing Asia, ISSN 1361-374X, ZDB-ID 1386453-1. - Vol. 19.2014, 3, p. 278-295
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Subject: | Price dispersion | Adaptive Learning | Bounded rationality | Quantal Response Equilibrium | Begrenzte Rationalität | Lernprozess | Learning process | Preisstreuung | Experiment | Nash-Gleichgewicht | Nash equilibrium | Preistheorie | Price theory | Informationskosten | Information costs | Preis | Price |
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