facilitates collusion and discourages deviation. -- Laboratory experiments ; industrial organisation ; oligopoly ; price …

Multiple Cournot oligopoly experiments found more collusive behavior in markets with fewer firms (Huck et al., 2004 … constant the locations of key outcomes, payoffs at these outcomes and the incentives to collude. Experiments using this …

Under general demands and costs, this paper investigates the evolutions of Cournot and Bertrand firms in imitation and … limits of replicator dynamics, while only the first two can be the long-run equilibria of imitation dynamics. In particular … differentiation levels are identical and what kinds of goods are produced, but the long-run equilibria of imitation dynamics do not …

In this note, we experimentally investigate the extended game with action commitment in a Cournot duopoly with …

agreements - lead to higher prices in a Bertrand oligopoly could be because of a selection effect: decision-makers who are … hypothesis we run an experiment where participants play two consecutive Bertrand pricing games: first a standard version without …

, which firms are part of it. The second aim of the experiment is to study the coordinated effects of a merger when partial … produces misleading results. Our analysis also illustrates how merger simulations in the lab can be seen as a useful tool for …