conduct a laboratory experiment where firms decide only about their production levels first, and the information they receive … outcome. We consider an endogenous information setting where firms can freely decide whether they want to share information … about their past production levels. By voluntarily sharing information, firms can show their willingness to cooperate. We …

the information structure, the mode of competition, and the degree of product differentiation. Moreover, in our experiment …We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where … both firms receive information with some probability, we show that firms selectively disclose information in equilibrium in …

demand environment with private information. The expected total output, consumer surplus, and total surplus are lower, while … rankings are the opposite to the rankings of prices, total output, surplus, and profits under perfect information. We also show … information game and the limit of Stackelberg perfect revealing equilibria, as the noise of the demand information of all firms …

symmetric and asymmetric markets under two information conditions: complete versus incomplete information about profits. We find … that information has no effect in symmetric markets with respect to market prices and the time it takes for markets to … stabilize. However, in asymmetric markets, complete information leads to higher average market prices and quicker convergence of …

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 …

standard oligopoly; above the higher threshold there is a unique equilibrium in which all firms disregard that impact as in …

than in either of the No Signal treatments. We also find that information about the other person's play appears to increase … this additional information are unable to overcome the apparent pessimism about the feasibility of coordination without a …

We experimentally study behavior in a simple voting game where players have private information about their preferences …

This paper considers price competition in a duopoly with quality uncertainty. The established firm (the `incumbent …', prices signal the entrant's quality only in a two-sided separating equilibrium and are identical to the full information …