Industrial organization is mainly concerned with the behavior of large firms, especially when it comes to oligopoly … Stackelberg experiment is considered in order to answer the question whether framing individual decision making as firm decision …’s (Production, Information Costs, and Economic Organization, 1972) contractual model of the firm. The author finds teams’ quantity …

behavior is also determined by its organizational structure. In this paper, a Stackelberg experiment is considered in order to …

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. -- incentives … ; experiments ; internet ; high score …

Industrial organization is mainly concerned with the behavior of large firms, especially when it comes to oligopoly … Stackelberg experiment is considered in order to answer the question whether framing individual decision making as organizational …

experiments ; industrial organisation ; oligopoly ; price competition ; co-ordination games, learning … present results of experiments in which two, three and four identical firms repeatedly interact in this environment. Less … not predicted by conventional equilibrium theories. This phenomenon can be captured by a simple imitation model and by a …

-shot game. Our results suggest a new explanation for the emergence of cooperation. -- Cournot oligopoly ; imitation ; learning …We study long-run learning in an experimental Cournot game with no explicit information about the payoff function … subjects switch from imitation of the most profitable rival to other behavior that, intentionally or otherwise, facilitates …

-shot game. Our results suggest a new explanation for the emergence of cooperation. -- Cournot oligopoly ; imitation ; learning …We study long-run learning in an experimental Cournot game with no explicit information about the payoff function … subjects switch from imitation of the most profitable rival to other behavior that, intentionally or otherwise, facilitates …

different information treatments. In experiments 2, 3 and 4, the winner(s) explained what reasoning he/she applied in choosing …The aim of this study is to evaluate the importance of the information about levels of reasoning on the individual …'s choices. I report the results from a series of experiments on p-beauty contest games with different subjects' pools and …

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 …

-researched field in the experimental oligopoly literature. We provide results from an experiment that varies the number of firms as … voluntary trading. We find that prices and profits are substantially higher in duopoly than in triopoly and with proportional … supported by the data. In contrast to results from related experiments, behavior is largely more competitive than predicted by …