-making experiment preceding the take game. The gameconsists of two stages. In the first stage, the take authority decides howmuch income …

competitive, the collusive, and the Cournot-Nash outcome, respectively. In the experiment we employ three information treatments …We examine the force of three types of behavioral dynamics in quantity-setting triopoly experiments:mimicking the …

dictator game. In our experiment teams are more selfish than individuals, and the most selfish team member has the strongest …

the duopoly market. Our data indicate support for the theory of product bundling: with bundling and simultaneous moves …

organize data well in previous experiments meant to test other concepts. In a new experimental setting, we provide the first …

order of moves in the duopoly market. Our data indicate support for the theory of product bundling: with bundling and …

We experimentally study the effect of information about competitors' actions on cartel stability and firms' incentives … to form cartels in Cournot markets. As in previous experiments, markets become very competitive when individualized … information is available and participants cannot communicate. In contrast, when communication is possible, results reverse …

We study a consumer non-sequential search oligopoly model with search cost heterogeneity. We first prove that an …

is severe. In a symmetric Bertrand oligopoly where products may differ only in their quality, production cost is … increasing in quality and the quality of each firm’s product is private information (not known to consumers or to other firms … close to full information monopoly level) while others are more “competitive”. Under certain conditions, if the number of …