feature dynamic patterns that can potentially be explained by both Edgeworth price cycles and imitation of the price set by …

a meta-analysis of the literature on oligopoly experiments as well as two of our own experiments with a total of 368 …

theoretical framework and derive two algorithms that recommend collusive pricing strategies. Utilizing a laboratory experiment, we …

oligopoly, with limited information. The econometrics hinges on a model built upon EWA learning, and simultaneously analyzing … players' actual choices with data on the information acquisition process they follow. The game played is a repeated Cournot … data on information gathered and on actions taken by the subjects. Results suggest that learning is a composite process, in …

choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited …This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual … a priori information. The econometrics hinges on a model built upon Experience Weighted Attraction learning, and the …

choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited …This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual … a priori information. The econometrics hinges on a model built upon Experience Weighted Attraction learning, and the …

higher profits in the past. -- information ; imitation ; Cournot oligopoly ; EWA learning … choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited …This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual …

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 …

We report results of experiments designed to test the predictions of the best reply process. In a Cournot oligopoly …