We study the role of communication in collusive market sharing. In a series of Cournot oligopoly experiments with …

This paper reports an experiment on a location game, the so-called "Price-Competition on the Circle." There are n … willingness to pay. Experiments, extended over 200 periods, were run with 3, 4, and 5 participants. Subjects did not receive any … after each period. The evaluation compares predictions derived from imitation equilibrium (Selten and Ostmann 2001) and …

estimation is performed on the elicited-belief data from two experiments (Nyarko and Schotter, 2002; Rutström and Wilcox, 2009 …

in experiments of the Voluntary Contribution Mechanism. A recent approach tackling that gap is Arifovic and Ledyard (2012 …), which implements social preferences in tandem with an evolutionary learning algorithm. However, the stylized facts have … differs, on average, in less than 5% compared to relevant experiments with punishment in the lab. …

oligopoly as a linear public good. -- Cartel ; Oligopoly ; Bertrand ; Cournot ; Public Good ; Externality ; Experiment …

hypothesis we run an experiment where participants play two consecutive Bertrand pricing games: first a standard version without …