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Subject
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Collusion 1 Cournot oligopoly 1 bounded rationality 1 framing 1 payoff tables 1 presentation effect 1
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Free 1
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Book / Working Paper 1
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Undetermined 1
Author
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Gürerk, Özgür 1 Selten, Reinhard 1
Institution
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
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MPRA Paper 1
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RePEc 1
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The Effect of Payoff Tables on Experimental Oligopoly Behavior
Gürerk, Özgür; Selten, Reinhard - Volkswirtschaftliche Fakultät, … - 2010
We explore the effects of the provision of an information-processing instrument - payoff tables - on behavior in … experimental oligopolies. In one experimental setting, subjects have access to payoff tables whereas in the other setting they have …, particularly in the initial phase of the experiment. In the presence of payoff tables, subjects tend to be more cooperative. As a …
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