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School of Economics, University of Nottingham, University Park Campus and Department of Economics (AE1), Maastricht University
Persistent link: https://www.econbiz.de/10010552188
We study (anti-) coordination problems in networks in a laboratory experiment. Partici- pants interact with their …
Persistent link: https://www.econbiz.de/10008467327
We study extrapolation between games in a laboratory experiment. Participants in our experiment first play either the …
Persistent link: https://www.econbiz.de/10008828406
coordination problems. We conduct experiments under various conditions which control for salient labeling and learning dynamics … various learning rules, which include as the main ones Reinforcement and Fictitious Play. …We present experiments on repeated non-cooperative network formation games, based on Bala and Goyal (2000). We treat …
Persistent link: https://www.econbiz.de/10005385417
agents are farsighted, related stability concepts have been proposed. We design a simple network formation experiment to test …
Persistent link: https://www.econbiz.de/10009131101
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The …
Persistent link: https://www.econbiz.de/10005423187
In a duopoly industry with environmentally differentiated products, we examine the effects of introducing a mandatory …
Persistent link: https://www.econbiz.de/10005392562
It has been shown in prior research that cost effectiveness in the competitive emissions permit market could be affected by tacit collusion or price manipulation when the corresponding polluting product market is oligopolistic. We analyze these cross market links using a Stackelberg model to...
Persistent link: https://www.econbiz.de/10011162046
We present a simple procedure that selects the strategies most likely to be played by inexperienced agents who interact in one shot 2x2 matching pennies games. As a first step we axiomatically describe players’ beliefs. We find the minimax regret criterion to be the simplest functional form...
Persistent link: https://www.econbiz.de/10005385407
The purpose of this article is to analyze how the presence of a competitive fringe, composed by price taker firms, can affect the sustainability of collusive equilibria. Our starting point is that there exists a diffused misunderstanding about its strategical role as collusive minus factor. We...
Persistent link: https://www.econbiz.de/10005423128