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

We introduce a generalized theoretical approach to study imitation and subject it to rigorous experimental testing. In … our theoretical analysis we find that the di¤erent predictions of previous imitation models are due to different … laboratory experiment we test the different theories by systematically varying information conditions. We find significant …

A well-known result by Vega-Redondo implies that in symmetric Cournot oligopoly, imitation leads to the Walrasian … actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility. We …

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

Stackelberg experiment is considered in order to answer the question whether framing individual decision making as firm decision …

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

Stackelberg experiment is considered in order to answer the question whether framing individual decision making as organizational …

We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our … information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …