and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a … play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those …

and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a … play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those …

conduct a laboratory experiment where firms decide only about their production levels first, and the information they receive … outcome. We consider an endogenous information setting where firms can freely decide whether they want to share information … about their past production levels. By voluntarily sharing information, firms can show their willingness to cooperate. We …

In oligopoly, imitating the most successful competitor yields very competitive outcomes. This theoretical prediction …

We study the role of communication in collusive market sharing. In a series of Cournot oligopoly experiments with … multiple markets and repeated interaction, we vary the types of information that firms can exchange. We distinguish between … hard information-verifiable information about past conduct-and soft information- unbinding information about future conduct …

experiments in contrast to analog experimental results on price-competition in the literature. …

robust in experiments, which is in contrast to experimental results on price competition. …

Internet experiments are a new and convenient way for reaching a large subject pool. Yet, providing incentives to … incentive device. Performance based financial incentives seem to be required also in internet experiments. …