Managers and Students Playing Cournot: Experimental Evidence from Malaysia

We report results from a Cournot triopoly experiment with different subject pools: German students, Malaysian students, and Malaysian managers. While German students play Nash, we reject the hypothesis that both Malaysian students and managers select the Nash quantity. Moreover, Malaysian managers perform significantly less competitively than Malaysian students. Finally, the affect of gender is opposite for German and Malaysian subjects.

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Year of publication:	2008
Authors:	Waichman, Israel ; Requate, Till ; Siang, Ch'ng Kean
Publisher:	Kiel : Kiel University, Department of Economics
Subject:	Duopol \| Oligopol \| Nichtkooperatives Spiel \| Experiment \| Feldforschung \| Studierende \| Führungskräfte \| Deutschland \| Malaysia \| artefactual field experiment \| subject pools \| Cournot oligopoly \| managers \| non-cooperative behavior

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Series:	Economics Working Paper ; 2008-19
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	589813080 [GVK] hdl:10419/27674 [Handle] RePEc:zbw:cauewp:7467 [RePEc]
Classification:	C72 - Noncooperative Games ; C93 - Field Experiments ; L13 - Oligopoly and Other Imperfect Markets ; D21 - Firm Behavior ; D43 - Oligopoly and Other Forms of Market Imperfection
Source:	EconStor

Persistent link: https://www.econbiz.de/10010298767