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Jul 4, 2017 - AWI Experimental Economics
Buckert, Magdalena; Oechssler, Jörg; Schwieren, Christiane, 2017, "Imitation under stress [Dataset]", https://doi.org/10.11588/data/VYCCZI, heiDATA, V1, UNF:6:MAZqxVN4vzEoCVKBRyl1KQ== [fileUNF]
Imitation has been shown to be an important heuristic, in particular in relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under time pressure or distracted. Subjects play a repeated Cournot oligopoly. Treatme... |
May 30, 2016 - AWI Experimental Economics
Oechssler, Jörg; Roomets, Alex; Roth, Stefan, 2016, "From imitation to collusion: a replication [Dataset]", https://doi.org/10.11588/data/10075, heiDATA, V2, UNF:5:qSzzvlOu2rl8/AR8TIBEEQ== [fileUNF]
In oligopoly, imitating the most successful competitor yields very competitive outcomes. This theoretical prediction has been confirmed experimentally by a number of studies. A recent paper by Friedman et al. (J Econ Theory 155:185–205, 2015) qualifies those results in an interes... |
Jul 31, 2014 - AWI Experimental Economics
Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg, 2014, "Does Information about Competitors' Actions Increase or Decrease Competition in Experimental Oligopoly Markets? [Dataset]", https://doi.org/10.11588/data/10020, heiDATA, V1
This paper investigates the impact the publication of firm-specific data has on the competitiveness of experimental oligopoly markets. We compare two treatments: in one, firms are informed about their rivals’ actions and profits. In the other, firms are only given aggregate infor... |