This paper studies infinitely repeated games with stochastic demand in an experimental environment. The lab experiments are constructed to test the effects of demand information (knowledge of next period’s demand realization) and monitoring (knowledge of rivals’ actions) on collusion. Two...

We apply a dynamic estimation procedure to investigate the effect of obesity on the demand for soda. The dynamic model accounts for consumers’ storing behavior, and allows us to study soda consumers’ price sensitivity (how responsive consumers are to the overall price) and sale sensitivity...