present results of experiments in which two, three and four identical firms repeatedly interact in this environment. Less … not predicted by conventional equilibrium theories. This phenomenon can be captured by a simple imitation model and by a … data from three new treatments to properly test the imitation model against the focal point notion. …

competitors' costs. We present results of an experiment in which two, three and four identical firms repeatedly interact in this …

We present results from 50-round market experiments in which firms decide repeatedly both on price and quantity of a … strategies. We run experiments for markets with two and three identical firms. Firms tend to cooperate to avoid fights, but when …

We use experiments to study the efficiency effects for a market as a whole of adding the possibility of forward …

experiments that aim to measure the prevalence of interdependent preferences. …

pure strategies played by non-economists. In contrast to previous experiments in which game theory predictions fail …