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experiments in contrast to analog experimental results on price-competition in the literature. …
Persistent link: https://www.econbiz.de/10010263110
assumption is robust in experiments, which is in contrast to experimental results on price competition …
Persistent link: https://www.econbiz.de/10014029080
In this paper, we propose an evolutionary model of oligopoly competition where agents can select between different … behavioral rules to make decisions on productions. We formalize the model as a general class of evolutionary oligopoly games and …
Persistent link: https://www.econbiz.de/10013021723
We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two …
Persistent link: https://www.econbiz.de/10011825236
Persistent link: https://www.econbiz.de/10015191149
both prices and quantities (capacity levels) within a simple duopoly market setting where products are asymmetrically …, may not fully cover market demand for an incumbent duopoly …
Persistent link: https://www.econbiz.de/10012896357
duopoly where firms compete in two spatially separated markets. We show that firms always have nonnegative incentives to … elektronische Koordination und in verstärkte Produktdifferenzierung in einem Duopol mit räumlich getrennten Märkten. Wir zeigen …
Persistent link: https://www.econbiz.de/10001736217
In this paper we show that a homogeneous-product market with multiple Bertrand equilibria becomes a market with a single Bertrand equilibrium when we introduce a small degree of product differentiation. When differentiation tends to zero, that Bertrand equilibrium converges to the unique...
Persistent link: https://www.econbiz.de/10013158272
duopoly where firms compete in two spatially separated markets. We show that firms always have nonnegative incentives to … elektronische Koordination und in verstärkte Produktdifferenzierung in einem Duopol mit räumlich getrennten Märkten. Wir zeigen …
Persistent link: https://www.econbiz.de/10010509336
effects on product market competition. We test their model in a duopoly experiment under both, Bertrand and Cournot …
Persistent link: https://www.econbiz.de/10011539878