Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10005081498
We explore whether competitive outcomes arise in an experimental implementation of a market game, introduced by Shubik (1973) [21]. Market games obtain Pareto inferior (strict) Nash equilibria, in which some or possibly all markets are closed. We find that subjects do not coordinate on autarkic...
Persistent link: https://www.econbiz.de/10009249212
Persistent link: https://www.econbiz.de/10005159342
Persistent link: https://www.econbiz.de/10005159775
Persistent link: https://www.econbiz.de/10005160162
Persistent link: https://www.econbiz.de/10005112280