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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 …
Persistent link: https://www.econbiz.de/10014487322
We explore the stability of imitation in a 1,200-period experimental Cournot game where subjects do not know the payoff …
Persistent link: https://www.econbiz.de/10010194591
-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
private information in the form of cookies to an online seller. By incorporating this endogenous decision into a duopoly model … 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
ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account …-game learning for cognitively less able participants but does not affect overbidding for the cognitively more able. Vice versa …, 'cross-game learning' may rather be understood as 'cross-game transfer', as it has the potential to benefit bidders with …
Persistent link: https://www.econbiz.de/10014476711
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
at coordinating followers' actions. Two experiments using coordination games investigate whether female leaders are less …
Persistent link: https://www.econbiz.de/10014487121
This paper presents an experiment on a coordination game with extrinsic random signals, in which we systematically vary …
Persistent link: https://www.econbiz.de/10011596121