We devise a nonparametric test of strategic behavior in a multiproduct Cournot oligopoly. It is assumed that firms have …

, but quantities are distributed asymmetrically. An experiment largely confirms the existence of such sophisticated play …

We examine the strategic behavior of leaders and followers in sequential duopoly experiments in which followers either … perfectly observe the leaders' actions or else observe nothing. Our experiments show that consistent with the theory, leaders …

The paper presents the concept of an "imitation equilibrium" and explores it in the context of some simple oligopoly … be suitable for imitation for various reasons. Only one of the most successful of the remaining members of the reference … group is imitated. Imitation is the adoption of the imitated player's strategy. Imitation equilibrium does not only mean …

The paper presents the concept of an "imitation equilibrium" and explores it in the context of some simple oligopoly … be suitable for imitation for various reasons. Only one of the most successful of the remaining members of the reference … group is imitated. Imitation is the adoption of the imitated player's strategy. Imitation equilibrium does not only mean …

. In a laboratory experiment we test the different theories by systematically varying information conditions. We find that …We introduce a generalized theoretical approach to study imitation models and subject the models to rigorous … experimental testing. In our theoretical analysis we find that the different predictions of previous imitation models are due to …

This article reports the results of a laboratory experiment that examines the strategic effect of forward contracts on … competition. The experiment provides a first simultaneous test of these rival effects. Contrary to previous experimental studies …