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Industrial organization is mainly concerned with the behavior of large firms, especially when it comes to oligopoly … Stackelberg experiment is considered in order to answer the question whether framing individual decision making as firm decision …’s (Production, Information Costs, and Economic Organization, 1972) contractual model of the firm. The author finds teams’ quantity …
Persistent link: https://www.econbiz.de/10009739507
We use experiments to analyze what type of communication is most effective in achieving cooperation in a simple …
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We investigate the welfare effect of union activity in a relatively new oligopoly model, the Cournot-Bertrand model …
Persistent link: https://www.econbiz.de/10010345639
Industrial organization is mainly concerned with the behavior of large firms, especially when it comes to oligopoly … Stackelberg experiment is considered in order to answer the question whether framing individual decision making as firm decision …'s (Production, Information Costs, and Economic Organization, 1972) contractual model of the firm. The author finds teams' quantity …
Persistent link: https://www.econbiz.de/10010954757
Persistent link: https://www.econbiz.de/10012224029
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psychology experiments where subjects were often swayed by the behaviour of others to an extraordinary degree, but there is …
Persistent link: https://www.econbiz.de/10010357371
choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited …This paper presents an experiment on learning in repeated games, which complements the analysis of playersʼ actual … a priori information. The econometrics hinges on a model built upon Experience Weighted Attraction learning, and the …
Persistent link: https://www.econbiz.de/10011049694