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We examine the force of three types of behavioral dynamics in quantity-setting triopoly experiments:mimicking the successful firm,following the exemplary firm, andbelief learning.Theoretically, these three rules of dynamic conduct lead to the competitive, the collusive, and the Cournot-Nash...
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We present a general overview of papers that employ laboratory experiments to study oligopoly markets. We focus on papers that have been published since 2000. We categorize studies into three broad classes: (1) oligopoly competition from a static perspective, (2) dynamics, convergence, and...
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We examine the force of three types of behavioral dynamics in quantity-setting triopoly experiments:mimicking the successful firm,following the exemplary firm, andbelief learning.Theoretically, these three rules of dynamic conduct lead to the competitive, the collusive, and the Cournot-Nash...
Persistent link: https://www.econbiz.de/10010371113
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