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experiment we test the different theories by systematicallyvarying information conditions. We fi…nd signi…ficant effects of …We introduce a generalized theoretical approach to study imitation andsubject it to rigorous experimental testing. In … our theoretical analysiswe …nd that the different predictions of previous imitation models aredue to different …
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experiments with simulations to investigate the performance of two negotiation design features to address this failure: The Paris …
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cartelized industry. This paper endogenizes the process of cartel formation in a numeric simulation model where firms differ in … marginal costs and production technologies. The paper models the incentive to collude in a differentiated products Bertrand-oligopoly … firms have a higher probability to collude than small firms. Since firms' characteristics evolve over time, the simulation …
Persistent link: https://www.econbiz.de/10003950512
cartelized industry. This paper endogenizes the process of cartel formation in a numeric simulation model where firms differ in … marginal costs and production technologies. The paper models the incentive to collude in a differentiated products Bertrand-oligopoly … firms have a higher probability to collude than small firms. Since firms' characteristics evolve over time, the simulation …
Persistent link: https://www.econbiz.de/10010286420
In a four-treatment experiment, we test some of the hypotheses in Garcia-Gallego et al.(2004) concerning competition …
Persistent link: https://www.econbiz.de/10014061266
consider a two-stage game with oligopoly producers, wind-power shocks and real-time shocks. The game is formulated as a two …
Persistent link: https://www.econbiz.de/10011852449
This paper examines the behaviour of two firms competing in a duopoly, where firms can influence demand through use of …. The results show that there exist threshold levels of advertising effectiveness at which duopoly behaviour bifurcates …
Persistent link: https://www.econbiz.de/10012698096