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, which firms are part of it. The second aim of the experiment is to study the coordinated effects of a merger when partial … after a merger. Our findings suggest that merger analysis that is based on the assumption that only full cartels forms … produces misleading results. Our analysis also illustrates how merger simulations in the lab can be seen as a useful tool for …
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We study the merger paradox, a relative of Harsanyi's bargaining paradox, in an experiment. We examine bilateral …
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The paper presents the concept of an imitation equilibrium and explores it in the context of some simple oligopoly …
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-researched field in the experimental oligopoly literature. We provide results from an experiment that varies the number of firms as …
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