Showing 1 - 10 of 755
We explore the stability of imitation in a 1,200-period experimental Cournot game where subjects do not know the payoff …Wir untersuchen die Stabilität von Imitationsverhalten in einem experimentellen Cournot-Oligopol mit 1.200 Perioden, in …
Persistent link: https://www.econbiz.de/10010194591
We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our … information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon … treatments include markets with (a) complete cost symmetry and complete information, (b) slight cost asymmetry and complete …
Persistent link: https://www.econbiz.de/10014487322
-shot game. Our results suggest a new explanation for the emergence of cooperation. -- Cournot oligopoly ; imitation ; learning …We study long-run learning in an experimental Cournot game with no explicit information about the payoff function … subjects switch from imitation of the most profitable rival to other behavior that, intentionally or otherwise, facilitates …
Persistent link: https://www.econbiz.de/10009583743
experiments with simulations to investigate the performance of two negotiation design features to address this failure: The Paris …
Persistent link: https://www.econbiz.de/10015271325
relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under … stress. Subjects play a repeated Cournot oligopoly. Treatments are time pressure within the task and distractions through a … behavioral change that is indicative of imitation. …
Persistent link: https://www.econbiz.de/10010457243
private information in the form of cookies to an online seller. By incorporating this endogenous decision into a duopoly model … information. Under revelation to only one firm, consumers hide their information. Based on the model, we design a laboratory … experiment. We find that there is a large share of consumers who reveal their private data. Particularly, less privacy …
Persistent link: https://www.econbiz.de/10012150165
This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply functions on the spot market. A forward market can increase the range of discount factors which allow to sustain collusion. On the contrary, collusion is destabilised when a...
Persistent link: https://www.econbiz.de/10011968922
We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power …In diesem Paper analysieren wir ein stilisiertes Modell des weltweiten Getreidemarktes, auf dem ein Oligopol von …
Persistent link: https://www.econbiz.de/10010230311
them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal …
Persistent link: https://www.econbiz.de/10014476792
-registered experiments (N = 1,074), we show that groups of prosocial individuals achieve substantially higher levels of cooperation. The …
Persistent link: https://www.econbiz.de/10014481063